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Link to original content: https://www.statista.com/statistics/1344112/india-microfinance-industry-portfolio-outstanding/
India: microfinance industry portfolio outstanding 2023 | Statista

Portfolio outstanding of microfinance industry India FY 2020-2023

Published by Sandhya Keelery, Aug 30, 2024
In the financial year 2023, the portfolio outstanding or the value of microfinance loans in India was around 3.55 trillion, an increase from last year. The value of microfinance loans outstanding has continuously increased since the financial year 2020.

Portfolio outstanding of microfinance industry in India from financial year 2020 to 2023 (in trillion Indian rupees)

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Release date

January 2024

Region

India

Survey time period

FY 2020 to FY 2023

Supplementary notes

*includes values upto June 2023 Portfolio outstanding or value refers to the current outstanding balance of the loan account.

One Indian rupee is equal to 0.012 euros and 0.012 dollars (as of October 2022).

India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.

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