Microfinance portfolio growth slows in Oct-Dec, loan quality worsens for NBFCs
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Microfinance portfolio growth slows in Oct-Dec, loan quality worsens for NBFCs

By Bruhadeeswaran R

  • 27 Feb 2019
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Microfinance portfolio growth slows in Oct-Dec, loan quality worsens for NBFCs
Credit: Reuters

The Indian microfinance industry's loan portfolio recorded robust growth during the quarter through December 2018, but the pace slowed from the previous three months. The gross loan portfolio (GLP) of the microfinance industry grew 43% from a year earlier to Rs 1,66,284 crore during the October-December quarter, according to the industry ......

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