MUMBAI: India’s microfinance sector is projected to clock a 15 per cent CAGR in the gross loan portfolio (GLP), surpassing Rs 10 trillion (Rs 10 lakh crore) loan portfolio over the next five-six years, a report said on Monday.
The report by Avendus Capital highlights a resilient reset underway in India’s most critical engines of financial inclusion.
Despite weathering multiple downcycles, the microfinance sector has remained resilient and is now entering a structural upcycle.