2024 Sa-dhan report highlights India's microfinance sector's need for sustainable financing, emphasizing key players and highlighting improvement areas.

The microfinance sector in India, with outstanding loans totaling ₹4.42 lakh crore, requires sustainable financing to enhance income for the poor, according to a Sa-dhan report presented at its 2024 conference. Key findings include NBFC-MFIs holding 39% of loans, with significant contributions from banks and SFBs. The report stresses the need for improved asset quality and support for innovation, women empowerment, and green initiatives to ensure sustainable growth.

October 28, 2024
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