 "loans, banking")
Keeping pace with the upturn in the economy, micro loans disbursed by lenders rose by 154.5 per cent sequentially to Rs 64,899 crore in quarter ended September 2021 (Q2FY22) from Rs 25,503 crore in June 2021 quarter (Q1FY22). The disbursements rose by 107.6 per cent on year-on-year (YoY) basis from Rs 31,261 crore in quarter ended September 2020 (Q2FY21), according to MFIN data.
The number of loans disbursed also rose sharply to 18.5 million in Q2FY22 from 7.1 million in Q1FY22 and 8.8 million in Q2FY21. However, the average size of loan declined to 35,053 in the September 2021 quarter
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