Microfinance industry reviving fast
Signs of Revival
- 30% Industry gross loan portfolio growth in Q2 FY14 over Q2 FY13
- 54% Portfolio growth of MFIs other than CDR MFIs
- 300% Growth of funding to the industry in Q2 FY14 over Q1 FY14
- 50% Rise in total loan disbursal compared to Q2 FY12
- Lending rises significantly in states such as Uttarakhand, Rajasthan, Punjab and UP
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