New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    By what percentage did the microfinance industry's loan

    portfolio grow by the end of December 2023?
    A 19% Correct Answer Incorrect Answer
    B 20% Correct Answer Incorrect Answer
    C 21% Correct Answer Incorrect Answer
    D 22% Correct Answer Incorrect Answer
    E 23% Correct Answer Incorrect Answer

    Solution

    The microfinance industry's loan portfolio experienced a growth of 21% at the end of December 2023, reaching ₹3.93-lakh crore. This growth indicates a robust demand for microfinance services and the sector's vital role in financial inclusion.

    Practice Next

    Relevant for Exams: