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Bihar, UP, Karnataka leading growth of microfinance industry: Report
The Daily Guardian
|October 29, 2024
States like Bihar, Uttar Pradesh and Karnataka are emerging as leaders of growth in the microfinance industry.
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According to a report by HDFC Securities the microfinance industry in India has been expanding at an impressive pace.
The report emphasised that the microfinance institution (MFI) sector is growing faster than the overall industry growth rate in states like Bihar, Tamil Nadu, UP and Karnataka, highlighting an intensified concentration of microfinance activity in certain regions.
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