ICRA has analysed a sample of 29 MFIs, which constitute around 70% of the MFI industry on a portfolio basis
Loans have become an important line of business in north Bihar.
CRL was launched in September by MFIN and Sa-Dhan, an RBI-recognised association of MFIs, along with Finance Industry Development Council, an association of NBFCs
The acquisition strengthens our microfinance franchise which can be leveraged to provide innovative financial services, says CAGL chairman
Still in the early phase of new set up, FY17-19 has been the fast growth periods for the MFI. Yet, in a space not densely populated by listed players, Spandana ranks third