Question
According to Microfinance Institutions Network (MFIN)
MFIN Micrometer Q4 FY21-22, which state ranked second and third in top after Tamil Nadu?Solution
Tamil Nadu has displaced West Bengal to emerge as the largest State in terms of the outstanding portfolio of microfinance loans. According to MFIN Micrometer Q4 FY21-22, a quarterly report published by Microfinance Institutions Network (MFIN), the gross loan portfolio (GLP) of Tamil Nadu as of March 31, 2022 stood at â‚ą36,806 crore. It was followed by Bihar (â‚ą35,941 crore) and West Bengal (â‚ą34,016 crore).
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