Highest Microlending Borrowings in India
- Bihar has overtaken Tamil Nadu to become the state with the highest microlending borrowings in India as of March 2023.
- As of March 2023, Bihar’s microfinance (MFI) borrowings amounted to Rs 48,900 crore, accounting for 14.5 percent of the overall portfolio.
- Meanwhile, Tamil Nadu’s MFI borrowings stood at Rs 46,300 crore, representing 13.7 percent of the total outstanding.
- This significant shift in rankings reflects Bihar’s rising prominence in the microfinance ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
State Watch
- 1 PM Inaugurates Multiple Development Projects
- 2 Mukhyamantri Mahila Rojgar Yojana
- 3 Mukhya Mantri Guru–Shishya Parampara Scheme
- 4 Welfare Board for Nomadic and Denotified Tribes
- 5 Royal Bhutan Buddhist Temple
- 6 Export Promotion Policy 2025-30
- 7 Inauguration of the National Makhana Board in Purnia
- 8 India’s First ‘Swastik Lotus Garden’
- 9 Foundation Stone of the Country’s First PM MITRA Park Laid in Dhar
- 10 Evidence of an Ancient River in the Ganga-Yamuna Doab
