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 March 2022, 12 Banks hold the largest share of portfolio in micro-credit with total loan outstanding of Rs 1,14,051 Cr, which is 40.0% of total micro-credit universe. NBFC-MFIs are second largest provider of micro-credit with a loan amount outstanding of Rs 1,00,407 Cr, accounting for 35.2% to total industry portfolio. SFBs have a total loan amount outstanding of Rs 48,314 Cr with total share of 16.9%. NBFCs account for another 6.9% and Other MFIs account for 1.0% 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 March 2022 is roughly Rs 4,01,723 Cr.

31 March 2022

Types of Entity No of Entities Unique Borrowers (Cr) Active Loan Accounts (Cr) Portfolio O/s (Cr)
NBFC - MFIs 84 2.7 4.2 1,00,407
Banks 12 2.9 4.3 1,14,051
SFB 9 1.4 1.8 48,314
NBFC 58 0.7 0.8 19,698
Others 39 0.1 0.2 2,971
Total 202 5.8 11.3 2,85,441

Microfinance

Sector Outreach

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Key Microfinance

Highlights

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Microfinance in

India

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