The various categories of financial institutions engaged in the microfinance space in India include NBFC-MFIs, Banks, Small Finance Banks (SFBs), NBFCs and Others (including Non-profit MFIs).
As per the 35th issue of Micrometer, as on 30 September 2020, 12 Banks hold the largest share of portfolio in micro-credit with total loan outstanding of Rs 94,355 Cr, which is 40.71% of total micro-credit universe. NBFC-MFIs are second largest provider of micro-credit with a loan amount outstanding of Rs 69,933 Cr, accounting for 30.17% to total industry portfolio. SFBs have a total loan amount outstanding of Rs 43,142 Cr with total share of 18.61%. NBFCs account for another 9.52% and Other MFIs account for 0.99% of the universe.
Apart from MFI’s, NABARD SHG Bank Linkage Programme (SBLP) also contributes significantly to the microfinance universe. As on 30 June 2020, around 58.9 lakhs SHG’s had an outstanding portfolio of Rs 100,796 Cr with them.
Considering SBLP’s outreach and CAGR of around 14.3% since Mar’16, the overall size of the universe in terms of GLP as on 30 September 2020 is roughly Rs 3,36,177 Cr.
30 September 2020
|Types of Entity||No of Entities||Unique Borrowers (Cr)||Active Loan Accounts (Cr)||Portfolio O/s (Cr)|
|NBFC - MFIs||84||2.53||3.63||69,933|