Microfinance industry sees 31% rise in loan portfolio at Rs 2.36 lakh crore in FY20: Report

According to Sa-Dhan's 'Bharat Microfinance Report 2020', the industry's loan portfolio outstanding as on March 31, 2020, had stood at Rs 2,36,427 crore. The year-on-year growth of loan outstanding in 2019-20 was 31 per cent, which is substantially lower than the growth of 41 per cent in 2018-19.

from Banking/Finance-Industry-Economic Times https://ift.tt/3kmGLOx