{"id":1959,"date":"2019-06-21T05:59:42","date_gmt":"2019-06-21T05:59:42","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=1959"},"modified":"2019-06-21T05:59:43","modified_gmt":"2019-06-21T05:59:43","slug":"indian-microfinance-sector-is-expected-to-register-a-more-than-30-percent","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/indian-microfinance-sector-is-expected-to-register-a-more-than-30-percent\/","title":{"rendered":"Indian microfinance sector is expected to register a more than 30 percent"},"content":{"rendered":"\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe industry\nbody Sa-Dhan<\/strong> reported that the Indian microfinance sector<\/strong> is\nexpected to register a more\nthan 30% <\/strong>year-on-year growth to Rs.90,000 crore<\/strong> in\n2018-19. The total\ngross loan portfolio (GLP)<\/strong> for the sector stood at Rs.68,789 crore in\n2017-18. <\/strong>
\nThe industry body report based on the data\ncollected from 128 microfinance institutions, the GLP had already touched Rs.75,476 crore<\/strong>.\nHowever, this would rise to more than Rs.90,000 crore<\/strong> by the time the\nconsolidated industry figures come out.
\nThe average loan ticket size for the sector at Rs.34,010 <\/strong>against Rs.29,902 <\/strong>in\n2018. The average of only NBFC-MFIs\nin 2019<\/strong> is Rs.27,661. <\/strong>The\ncombined microcredit disbursement of all microfinance companies during the\nJanuary-March 2019 quarter was Rs.67,581\ncrore<\/strong>, led by banks with Rs.27,261 crore or 40.34% <\/strong>share,\nfollowed by NBFC-MFIs\nwith Rs.25,544 crore<\/strong>, or 37.8%\nshare<\/strong>, small\nfinance banks<\/strong> with Rs.9,761\ncrore<\/strong>, NBFCs <\/strong>with Rs.4,196 crore<\/strong> and\nNot for Profit MFIs <\/strong>with about Rs.816 crore.<\/strong>
\nThe report also stated that the top 7 States in\nterms of loan portfolio were Karnataka,\nBihar, Uttar Pradesh, West Bengal, Odisha, Tamil Nadu, and Maharashtra.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The industry body Sa-Dhan reported that the Indian microfinance sector is expected to register a more than 30% year-on-year growth to Rs.90,000 crore in 2018-19. The total gross loan portfolio (GLP) for the sector stood at Rs.68,789 crore in 2017-18.  The industry body report based on the data collected from 128 microfinance institutions, the GLP had already touched Rs.75,476 crore. However, this would rise to more than Rs.90,000 […]<\/p>\n","protected":false},"author":13,"featured_media":1960,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[45],"tags":[],"class_list":["post-1959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-articles"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/1959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=1959"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/1959\/revisions"}],"predecessor-version":[{"id":1961,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/1959\/revisions\/1961"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/1960"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=1959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=1959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=1959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}