Microfinance Pulse

The 21st edition of the MFI Pulse report captures the data for the quarter ended September 30, 2024.

The portfolio outstanding of the microfinance industry stood at ₹3,73,918 crore with 1,265 Lakh active loans and 7.7 crore unique live borrowers, as on September 30, 2024.

Portfolio outstanding as on 30th September 2024 for 112 Aspirational Districts designated by Niti Aayog was ₹52,703 crore and it grew by 7% in September 2024 over September 2023. Loans worth ₹53,572 crore were disbursed in Aspirational Districts from October 2023 to September 2024.

The 90 day plus delinquencies for the overall portfolio has witnessed a significant deterioration from 0.90% in the quarter ended Sep’2023 and 1.34% in Jun’2024 to 2.30% as of Sep’2024.

In this edition we have covered Performance of Top 10 districts. North 24 Paraganas witnessed highest growth of 25% in terms of portfolio outstanding in September 2024 from September 2023. Amongst top 10 districts, Thanjavur have the highest 90+ delinquency in September 2024.