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Economy News

The Economic Times

Economy / The Economic Times

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As banks shrink microfinance books, bigger lenders prepare to grab the gap

Large microfinance companies including Muthoot Microfin and Satin Creditcare have raised their growth forecasts as private banks, small finance banks and smaller MFIs scale back lending. Improving asset quality is also supporting expansion by larger, well-capitalised microfinance lenders.

9 Aug 2026 5:13 pm