N-E: LOWEST AMONG ALL REGIONS
The microfinance portfolio is skewed with the Eastern and Southern regions together accounting for close to 60% of the total amount of microfinance disbursed and number of active microfinance loans in 2021-22. Going by the striking ascent of microfinance in the Eastern region in recent years, it can be concluded that this region has emerged as another hub of microfinance. Despite its proximity to the Eastern region, the share of the NorthEast has been in single digits and the lowest among all regions; the region has, in fact, been seen losing its share in recent years.
Almost all districts from the eastern region were covered by microfinance from banks in 2020-21. Similarly, in the Southern region too, banks provided microfinance in about 84% of the districts. The coverage of women through SHGs linked to banks through credit was also the highest in the eastern and southern regions.
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Denne historien er fra January 2023-utgaven av Banking Frontiers.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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