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5 Stocks jumps up to 9% after MicroFinance Institute postpones restriction on number of lenders

5 Stocks jumps up to 9% after MicroFinance Institute postpones restriction on number of lenders

by | Jan 2, 2025 | 5:35 pm | News, Trending News

According to the business standard, the microfinance sector in India plays a crucial role in financial inclusion, serving approximately 80 million low-income clients. As of March 2024, the portfolio outstanding reached ₹3,77,706 crore, with 6.6 crore unique borrowers. However, growth is projected to slow significantly to 4% in FY25, down from 28% in FY24 due [...]
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