Microfinance institutions hold 43% of ₹3.3 lakh crore loan portfolio in June 2026, per TransUnion CIBIL data

Key facts

• Microfinance institutions (MFIs) constituted 43% of the ₹3.3 lakh crore loan portfolio balance in June 2026, according to TransUnion CIBIL data.
• The MFI share stayed at around 36% to 38% between June 2022 and June 2025, making the rise to 43% the most significant increase in five years.
• The share of banks in the total portfolio fell to 27% in June 2026 from 34% in June 2025 and 35% in June 2024.
• NBFC share of the portfolio rose to 15% from 10% four years ago, while Small Finance Banks (SFBs) held around 16%.
• The number of active borrowers fell to 6.5 crore in June 2026, after reaching a six-year high of 8.6 crore; credit active borrowers had ranged between 6.6 and 7.7 crore.
• Credit active borrowers shifted from northern states like Bihar and Uttar Pradesh to Tamil Nadu over the last seven years, per CIBIL.