Microfinance sector grows over 16-fold to Rs 2.85 lakh crore over last decade: Report
According to the 'Micro Matters: Macro View - India Microfinance Review FY 2021-22' report by Microfinance Institutions Network (MFIN), NBFC-MFIs (microfinance institutions) were the only regulated entity offering micro loans till 2012.
Going forward customer engagement and protection will lay ground for the long-term sustainable growth: Pixabay