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.
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