India’s Microfinance Sector Recovers: Loan Portfolio Expands
By ThePip Desk•
Key Highlights
India’s microfinance sector rebounds with loan portfolio expansion in Q1, ending 11 quarters of contraction. Delinquency rates also decline, signaling a stronger industry.
India’s microfinance sector has experienced a robust recovery, with a notable expansion of its loan portfolio during the March quarter. This resurgence follows eleven consecutive quarters of contraction and write-offs, signaling a positive turn for the industry.
The sector’s performance in the recent quarter indicates a significant rebound, with delinquency rates also showing a decline. This trend suggests a strengthening of the microfinance landscape in India, with expectations for continued positive momentum.