According to the 11the edition of MFIN Micrometer, the aggregate group loan portfolio of MFIs stood at Rs. 28,800 crore (Rs.25,000 crore). Interestingly, only one per cent of the portfolio was termed to be under risk.
Top ten MFIs accounted for 77 per cent of disbursals with Bandhan leading the list, followed by SKS Microfinance, Ujjivan, Janalakshmi and others.
This is the second time in the current year that Bandhan was in the forefront of lending among the MFIs. West Bengal, Tamil Nadu, Karnataka, Maharashtra, Bihar and five other States had disbursed 58 per cent of the loan amount. During the period under review, MFIs received Rs.10,584 crore in debt funding, of which 72 per cent came from the banks and the balance from financial institutions.