26 Feb 2026 | 5 Mins Read
Microfinance industry sees revival with MFI, private bank expansions
Flipitmoney
Private banks and NBFC-MFIs in Kolkata reported cumulative microfinance portfolio increases in January, reaching '1.34 lakh crore and '84,735 crore respectively. However, the overall microfinance market declined to '3.21 lakh crore. Equifax data showed improving asset quality and early delinquency rates, suggesting peak stress is behind, and a return to normal growth by Q1 FY27 is expected.