SENSEX
NIFTY
GOLD
USD/INR

Weather

image 19    C

Economy News

News

Economy / The Economic Times

details

MFI body seeks greater penetration of credit flow for growth

Microfinance institutions in West Bengal need more credit to reach the bottom of the pyramid. Currently, only one-third of the target segment accesses formal credit. This gap hinders economic activity and sector growth. India's MFI sector has Rs 3.4 lakh crore outstanding with 75 million beneficiaries. West Bengal's portfolio stands at Rs 35,000 crore with one crore beneficiaries.

2 Dec 2025 5:41 pm