Big MFIs Boost Growth Forecasts as Banks Trim Microfinance Exposure
Private banks and small‑finance banks cut their micro‑finance books by about 12% in Q1, leaving a funding gap. Well‑capitalised NBFC‑MFIs such as Muthoot Microfin and Satin Creditcare have lifted their advance‑growth targets to 20‑25%, positioning themselves to dominate the market as smaller lenders retreat.