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Number of microfinance institutions India 2022, by city

Published by Statista Research Department, Apr 4, 2024
As of January 2022, the Reserve Bank of India (RBI) had registered 97 non-banking financial companies (NBFC) to run microfinance institutions (MFI). Chennai, New Delhi, and Mumbai had been the cities with the most NBFC-MFIs.

MFIs enable individuals or small businesses from poor strata of society to lend money. Besides this economic outlook, they also support societal upliftment and autonomy.

Number of microfinance non-banking financial companies (NBFC-MFI) in India as of January 2022, by city

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Release date

July 2022

Region

India

Survey time period

as of January 31, 2022

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Statistics on " Non-banking financial companies in India "

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Overview

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Key figures

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Borrowings and credits

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Types of NBFC

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Major players

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