Microfinance Industry Resilient in 2020 with Strong Growth: Equifax-SIDBI Study
Microfinance Industry Resilient in 2020 with Strong Growth: Equifax-SIDBI Study Tuesday, April 27, 2021 4:34PM IST (11:04AM GMT) Mumbai, Maharashtra, India: The eighth edition of “Microfinance Plus”, a quarterly publication by Small Industries Development Bank of India (SIDBI) and Equifax revealed growth in the portfolio outstanding by 16% year on year, indicating the resilience of the Indian Microfinance industry. From the overall industry’s gross loan portfolio, 55% was contributed by 5 states with West Bengal having the...
Source: businesswireindia.com