Mumbai: The microfinance industry's outstanding portfolio declined by 9 per cent in the year to April 2026 due to heightened caution among private banks, a credit information company said on Wednesday.
In what can bring some cheer to the industry battling a host of challenges on asset quality for over a year, assets unpaid for over 30 days declined to 2.5 per cent in April 2026 from 6.4 per cent in the year-ago period.