Microfinance sector set for new growth wave: Fusion Micro Finance, CreditAccess Grameen, among stocks to buy
The NBFC-MFIs are also expected to claw-back some market share from banks in the near term. After a long time, banks have lost market share to NBFCs. Their market share has come down to 51% from 60% in FY21.
The microfinance sector is primed to ride the new growth wave going ahead, with focus on portfolio resilience amid a structural transformation, analysts said.
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