Thursday, March 13, 2025 | 02:40 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

NBFC-MFIs overtake commercial banks in micro loan market share in Q2

One reason for this shift in trend could be that banks faced challenges in managing this asset class, especially after the outbreak of the Covid-19 pandemic and the resultant lockdowns

NBFCs
Premium

According to Sa-Dhan, an association of MFIs, the NBFC-MFI market share has dominated the sector for the first time in years with a share of 37.53 per cent, while banks have slipped to second position with a share of 36.18 per cent

Abhijit Lele Mumbai
Non-banking financial companies (NBFCs) working as micro finance institutions (NBFC-MFIs) overtook commercial banks in terms of market share in micro loans in the second quarter of financial year 2022-23 (Q2FY23).

To sustain this lead, NBFC-MFIs will need to maintain a year-on-year (YoY) growth rate of over 25 per cent in disbursements, ensure robust underwriting and quality services, said MFI industry executives and analysts.

According to Sa-Dhan, an association of MFIs, the NBFC-MFI market share has dominated the sector for the first time in years with a share of 37.53 per cent, while banks have slipped to second position with a

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in