Industry Portfolio and Outreach

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 on 31 December 2021, 13 Banks hold the largest share of portfolio in micro-credit with total loan outstanding of Rs 1,03,569 Cr, which is 40.4% of total micro-credit universe. NBFC-MFIs are second largest provider of micro-credit with a loan amount outstanding of Rs 87,444 Cr, accounting for 34.2% to total industry portfolio. SFBs have a total loan amount outstanding of Rs 42,847 Cr with total share of 16.7%. NBFCs account for another 7.6% and Other MFIs account for 1.1% of the universe.

Apart from MFI’s, NABARD SHG Bank Linkage Programme (SBLP) also contributes significantly to the microfinance universe. As on 31 March 2021, around 57.8 lakhs SHG’s had an outstanding portfolio of Rs 103,290 Cr with them.

Considering SBLP’s outreach and CAGR of around 12.6% since Mar’16, the overall size of the universe in terms of GLP as on 31 December 2021 is roughly Rs 3,69,092 Cr.

31 December 2021

Types of Entity No of Entities Unique Borrowers (Cr) Active Loan Accounts (Cr) Portfolio O/s (Cr)
NBFC - MFIs 86 2.57 3.86 87,444
Banks 13 2.77 4.02 1,03,569
SFB 8 1.36 1.75 42,847
NBFC 52 0.71 0.80 19,360
Others 33 0.12 0.15 2,838
Total 192 5.57 10.58 2,56,058


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