Also, the aggregate gross loan portfolio NBFC MFIs stood at Rs 56,827 crore as on 30 June 2019, which is an year-on-year growth of 44 per cent as compared to 30 June 2018 and 4 per cent in comparison to 31 March 2019. The overall health of portfolio has marginally declined over the year as reflected by PAR >30 of 1.12 per cent as on 30 June 2019, in comparison to 0.73 per cent as on 30 June 2018.
Compared with Q1 FY 18-19, NBFC-MFIs portfolio has grown by 16 per cent, banks by 74 per cent, SFBs by 46 per cent, NBFCs by 35 per cent and other MFIs by 28 per cent. The higher growth of banks’ portfolio and lower growth for NBFC MFIs is mainly due to merger of BFIL with IndusInd Bank during Q1 2019-20.
In terms of regional distribution of portfolio (GLP), East and North East accounts for 34 per cent of the total NBFC-MFI portfolio (MFIN members), South accounts for 27 per cent, North holds 14 per cent, West has a share of 15 per cent and Central contributes 10 per cent. In terms of geographic spread, 74 per cent of the portfolio is rural and 26 per cent is urban. Five top states in terms of loan amount outstanding include Karnataka, Tamil Nadu, Bihar, Odisha and Uttar Pradesh which account for 52 per cent of GLP.
MFI PORTFOLIO BREAK UP