Structural Interventions

Microfinance Pulse

18th edition of MFI Pulse report is based on the data submitted to the bureau for the period up to 30th June 2023.

Portfolio outstanding of microfinance industry as on 30th June 2023 is Rs330,261 crore with 1,201 lakh active loans and 6 crore unique live borrowers. NBFC-MFIs contributes highest towards portfolio outstanding. Banks, NBFC-MFIs & SFBs contributes 91% towards portfolio outstanding and disbursement amount in AMJ’23 quarter. Microfinance industry in terms of portfolio outstanding grew up by 24% in June 2023 over June 2022 and witnessed Q-o-Q growth of 11% in June 2023 over March 2023. NBFCs witnessed highest Y-o-Y growth of 51% in June 2023 over June 2022.

Disbursements by value witnessed annual growth of 30% and 18% by volume from AMJ’22 to AMJ’23. NBFC-MFIs witnessed highest growth of 48% in terms of disbursement amount and by 36% in terms of loan disbursal from AMJ’22 to AMJ’23. Highest number of loans are issued under 40k-50k ticket size category and witnessed annual growth of 82% from AMJ’22 to AMJ23. All the delinquency buckets have declined in June 2023 over June 2022. Portfolio outstanding as on 30th June 2023 for Aspirational Districts is Rs45,145 crore and it grew by 22% in June 2023 over June 2022. Loans worth Rs48,396 crore were disbursed in Aspirational Districts from July 2022 to June 2023. In this edition we have covered Y-o-Y growth of MFI industry trends. As on Jun’23, top 10 states contributes 83% towards portfolio outstanding. In terms of disbursement amount, Uttar Pradesh has witnessed highest Y-o-Y growth of 37% from July 2021-June 2022 to July 2022-June 2023.