🧠Key Industry Insights (from CEO & MD commentary)
❗ Microfinance Industry in FY25:
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The industry experienced severe stress and a credit downcycle in FY25.
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Gross Loan Portfolio (GLP) declined 13.9% YoY to ₹3.81 lakh crore.
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Disbursements fell 38% YoY to ₹71,500 crore as of March 2025.
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Delinquency remained high, especially in the PAR180+ bucket, but early delinquency (PAR1–30) showed improvement:
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PAR1–30 dropped to 1.4% by March 2025 (from 2.1% in Sept 2024).
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PAR31–180 dropped slightly to 6.2% by March 2025.
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Key takeaway: The sector was hit hard by overleveraging and external shocks, but early signs of recovery were visible in Q4FY25.
