In September 2025, Gurugram (Haryana) based Microfinance Industry Network (MFIN) India, an umbrella organisation of the Microfinance Institutions (MFIs), released the 54th edition of Micrometer as on 30 June 2025 report.
Exam Hints:
- What? 54th edition of Micrometer released
- Who? MFIN
- Performance: AUM – Rs. 1.34 lakh cr, decrease by 16.4%
- Client base: Contracted to 3.8 cr
- Q1 FY26: Rs. 22,805 cr disbursed
- Debt funding: Received Rs. 12,781 crs in Q1 FY26
Key Findings:
Performance: The Asset Under Management (AUM) of MFIs is Rs 1,34,574 cr as on 30 June 2025, including owned portfolio Rs. 1,11,849 cr and managed portfolio of Rs. 22,725 cr.
- AUM decreased by 16.4% compared to 30 June 2024 and decreased by 5.4% compared to 31 March 2025.
- The client base also contracted from 4.5 cr to 3.8 crcompared to the same period last year.
Q1FY26: In Quarter1 (Q1) Financial Year (FY) 2025-2026, a loan amount of Rs 22,805 cr was disbursed through 41.5 lakh accounts, marking a 23.6% decline compared to the disbursement in Q1 FY 24-25.
- The average loan amount disbursed per account during Q1 FY 25-26 was Rs 54,956, reflecting an increase of approximately 16.5% compared to the same quarter of the previous financial year.
Funding Pattern:
- Debt Funding: NBFC-MFIs received a total of Rs. 12,781 cr in debt funding during Q1 FY26, marking a 19.9% decline compared to Q1 FY25.
- Debt breakup: Banks contributed 81.9% of the total borrowing.
- Non-Banking entities contributed 8.4%.
- All India Financial Institutions (AIFIs) contributed 3.6%.
- External Commercial Borrowings (ECB) accounted for 3.5%.
- Others contributed 2.6%.
- Equity Position: Total equity of (Non Banking Finance Company) NBFC-MFIs declined by 6.2% compared to the end of Q1 FY25, standing at Rs. 34,582 cr as of 30 June 2025.
State-wise: Bihar remains the largest state by portfolio outstanding, followed by Tamil Nadu (TN) and Uttar Pradesh (UP).
- Among the top 10 states, TN has the highest average loan outstanding per account at Rs. 31,363, followed by WB at Rs. 30,435.
| Top 3 states in terms of portfolio outstanding | ||
|---|---|---|
| Rank | State | Loan Outstanding (Rs. crs) |
| 1 | Bihar | 54,666 |
| 2 | Tamil Nadu (TN) | 43, 546 |
| 3 | Uttar Pradesh (UP) | 39, 294 |
| Top 3 states in terms of average loan outstanding per account | ||
|---|---|---|
| Rank | State | Average Loan Outstanding per account (Rs) |
| 1 | Tamil Nadu (TN) | 31,363 |
| 2 | West Bengal (WB) | 30,435 |
| 3 | Bihar | 28,683 |
About Microfinance Industry Network (MFIN) India:
Chief Executive Officer(CEO) and Director – Dr. Alok Misra
Headquarters – Gurugram, Haryana
Established – 2009
