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videos | IST

Is the worst over for microfinance sector? Experts decode

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Non-banking financial companies microfinance institutions (NBFC-MFIs) are growing in market share at around 18 percent, and banks are up over 7 percent as well, however, the share of small finance banks and NBFCs is falling. Does the microfinance sector have its worst days behind it or will there be more headwinds to confront in 2022? Alok Misra, CEO and Director at MFIN and Baskar Babu Ramachandran, MD and CEO of Suryoday Small Finance Bank Limited discussed this further.

Non-banking financial companies microfinance institutions (NBFC-MFIs) are growing in market share at around 18 percent, and banks are up over 7 percent as well, however, the share of small finance banks and NBFCs is falling. Does the microfinance sector have its worst days behind it or will there be more headwinds to confront in 2022? Alok Misra, CEO and Director at MFIN and Baskar Babu Ramachandran, MD and CEO of Suryoday Small Finance Bank Limited discussed this further.
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For the full interview, watch the accompanying video.