Microfinance loan portfolio grows 5.16 pc to Rs 2.43 lakh crore as on September-end: Report

Microfinance loan portfolio grows 5.16 pc to Rs 2.43 lakh crore as on September-end: Report

Microfinance loan portfolio grows 5.16 pc to Rs 2.43 lakh crore as on September-end: ReportDec 15, 2021, 03:06 PM IST

MFIN is an industry association comprising of 58 NBFC-MFIs and 39 associates including banks, small finance banks (SFBs) and NBFCs. The industry served 5.65 crore unique borrowers, through 10.52 crore loan accounts as of September-end.

SBI collected Rs 346 crore since FY18 in additional services fee on basic savings, Jan Dhan a/cDec 14, 2021, 10:07 PM IST

SBI levied charges worth Rs 152.42 crore in 2019-20 and Rs 72.38 crore in 2020-21 across 36 states and union territories, and refunded Rs 90.19 crore during January 1, 2020 to September 14, 2020.

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