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Source: Economic Times

Economic Times
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Banking Sector
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4 min
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08 Jul
Published
Banking Sector
4 min read· Economic Times

Geographic diversification helps SFBs revive microfinance growth

Small finance banks are expanding microfinance lending rapidly due to geographical diversification. Equitas and Ujjivan witnessed significant growth in microfinance outstanding this fiscal year. Utkarsh, however, reduced its micro loan exposure due to concentration risks. ESAF Small Finance Bank also reported a rise in…

Small finance banks are expanding microfinance lending rapidly due to geographical diversification. Equitas and Ujjivan witnessed significant growth in microfinance outstanding this fiscal year. Utkarsh, however, reduced its micro loan exposure due to concentration risks. ESAF Small Finance Bank also reported a rise in

Source: Economic Times