Micro-Finance grew at 26.5% as compared to previous year. Insights on impact of socio-political factors affecting the Microfinance sector of Assam.
6% higher growth over the previous year with a portfolio of Rupees 124.3k crores. ~1Mn additional credit cards will be sourced by Q4FY2021.
The outreach of the MFI sector increased to 6 crore live customers, with 10 crore active loans.
Unsecured loans (personal loans, consumer loans, credit cards) bring ~46% of the new to credit consumers, which was 37% in the previous year.