Microfinance portfolio falls 5% YoY to Rs 3.28 trillion
In short
The microfinance portfolio fell 5% from a year earlier to Rs 3.28 trillion in September. Compared with the previous period, it also fell 1.4%, while active loans dropped 6.5% and the live customer base fell 3.9%.
What the reporting says
The microfinance portfolio shrank 5% year on year to Rs 3.28 trillion in September. On a sequential basis, the portfolio contracted 1.4%, while active loans and the live customer base fell 6.5% and 3.9%, respectively. The figures point to a weaker lending base across the sector.
Why it matters
The microfinance portfolio shrank 5% year on year to Rs 3.28 trillion in September, while the sequential decline was 1.4%. Active loans fell 6.5% and the live customer base declined 3.9%. The data signals pressure across microfinance lending volumes and borrower activity.