According to a report, the gross lending portfolio of the microfinance sector grew by 6.4% to ₹ 2.27 lakh crore as of December 2020, from ₹ 2.13 lakh crore a year ago.
According to a report by the credit information bureau CRIF High Mark, the average ticket size of microfinance loans was 34,900 in the December quarter of the current financial year.
“With an 80% increase over the previous quarter [Q2 FY2020-21]Disbursement from value was ₹ 56,090 crore [in Q3 FY 2020-21]The quarterly report stated that Q3 was down 11.5% from FY 2019.
A letter from the editor
Dear reader,
We have been giving you information about the development of India and the world during these difficult times and the impact on our health and well-being, our lives and livelihoods. To enable a wider spread of news that is in the public interest, we have increased the number of articles that can be read free of charge, and extend the free trial period. However, we have a request for those who can afford to subscribe: please. As we fight disinfection and misinformation, and are indifferent to events, we need to create more and more resources for news gathering operations. We promise to deliver quality journalism that stays away from vested interests and political propaganda.
Support quality journalism
A letter from the editor
Dear Customer,
Thank you!
Your support for our journalism is invaluable. It is an endorsement of truth and fairness in journalism. It has helped us be inspired by events and happenings.
Morning Tidings has always stood for journalism that is in the public interest. In this difficult time, it becomes even more important that we have access to information that impacts our health and well-being, our lives and livelihoods. As a customer, you are not only the beneficiary of our work, but also its promoter.
We also reiterate the promise here that our team of journalists, copy editors, fact-checkers, designers, and photographers will deliver quality journalism that shies away from vested interests and political propaganda.
Suresh Nambath
.
Leave a Reply