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Share this article Share this article ResearchAndMarkets.com s offering. The Indian Microfinance Market is anticipated to grow at a brisk CAGR of more than 40% through 2025, predominantly on account of increasing demand for microfinance loans from the MSME sector. The main objective of microfinance organizations is to give a chance to low-salary borrowers to become self-sufficient. This sector plays an important role in promoting inclusive growth by providing credit to borrowers who fall under BPL (Below Poverty Line) category. This industry is also helping women from rural areas to avail small loans at affordable rates to earn their livelihood. Based on types, the Indian Microfinance Market is segmented into banks and non-banks. In India, bank are the preferred sources for Microfinance. Banks dominated the market in 2020 and the trend is likely to continue in the coming years as well. This is on account of banks offering attractive interest rates compared to non-banking insti

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