Lok Sabha Question No. 1904 (UNSTARRED), answered on 2018-12-21
Subject: MFIs
Ministry: FINANCE
Asked by: SHIVKUMAR CHANABASAPPA UDASI

## Government of India Ministry of Finance Department of Financial Services

## LOK SABHA UNSTARRED QUESTION No. 1904

## TO BE ANSWERED ON THE 21 st  December, 2018 / Agrahayana 30, 1940 (Saka) MFIs

1904 . SHRI SHIVKUMAR UDASI:

Will the Minister of FINANCE be pleased to state:

- (a) the number of Micro Finance Institutions (MFIs) operating in the country and the number of their borrowers, State/UT-wise; and
- (b)  the  quantum  of  amount  invested  by  the  MFI  in  the  country  and  the  number  of people benefited from such MFIs, as on date?

## ANSWER (MINISTER OF STATE IN THE MINISTRY OF FINANCE) (SHRI SHIV PRATAP SHUKLA)

(a)  &  (b): As  on  November 30, 2018 there are 98 Non-Banking Financial Companies Micro Finance Institutions (NBFC-MFIs) registered with Reserve Bank of India (RBI). The State/UT wise information in respect of NBFC-MFIs registered at regional offices of RBI is given at Annexure I. In addition, there are other MFIs which function as Societies, Trusts & Section 8 Companies which are not regulated by RBI. As reported by Sa-Dhan , a Self Regulatory  Organisation  (SRO)  for  MFIs  recognised  by  RBI,  128  such  MFIs  are  its members. Total investments made and total loans & advances extended by Systemically Important NBFC-MFIs in the country stood at ₹ 998.28 crore and ₹43354 crore respectively as on September,  2018  as  per  data  compiled  by  RBI.  As  per  credit  bureau  data  sourced  by MFIN, an SRO for MFIs recognised by RBI,  there are 4.84 crore active micro finance loan October 2018 amongst an estimated 2.94 crore borrowers. State/UT

accounts as on 31 st wise break up of borrower's loan accounts is given at Annexure II.

*****

| Annexure-I referred in reply to Lok Sabha Unstarred Question No. 1904 for answer on 21 st December, 2018 regarding MFIs Number of NBFC-MFIs registered with RBI as on November 30, 2018   | Annexure-I referred in reply to Lok Sabha Unstarred Question No. 1904 for answer on 21 st December, 2018 regarding MFIs Number of NBFC-MFIs registered with RBI as on November 30, 2018   | Annexure-I referred in reply to Lok Sabha Unstarred Question No. 1904 for answer on 21 st December, 2018 regarding MFIs Number of NBFC-MFIs registered with RBI as on November 30, 2018   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| S.No                                                                                                                                                                                      | State/UT                                                                                                                                                                                  | NBFC-MFI                                                                                                                                                                                  |
| 1                                                                                                                                                                                         | Andhra Pradesh                                                                                                                                                                            | 4                                                                                                                                                                                         |
| 2                                                                                                                                                                                         | Assam                                                                                                                                                                                     | 8                                                                                                                                                                                         |
| 3                                                                                                                                                                                         | Bihar                                                                                                                                                                                     | 1                                                                                                                                                                                         |
| 4                                                                                                                                                                                         | Chattisgarh                                                                                                                                                                               | 1                                                                                                                                                                                         |
| 5                                                                                                                                                                                         | Gujarat                                                                                                                                                                                   | 4                                                                                                                                                                                         |
| 6                                                                                                                                                                                         | Karnataka                                                                                                                                                                                 | 9                                                                                                                                                                                         |
| 7                                                                                                                                                                                         | Kerala                                                                                                                                                                                    | 1                                                                                                                                                                                         |
| 8                                                                                                                                                                                         | Maharashtra                                                                                                                                                                               | 17                                                                                                                                                                                        |
| 9                                                                                                                                                                                         | Manipur                                                                                                                                                                                   | 1                                                                                                                                                                                         |
| 10                                                                                                                                                                                        | New Delhi                                                                                                                                                                                 | 15                                                                                                                                                                                        |
| 11                                                                                                                                                                                        | Odisha                                                                                                                                                                                    | 4                                                                                                                                                                                         |
| 12                                                                                                                                                                                        | Punjab                                                                                                                                                                                    | 2                                                                                                                                                                                         |
| 13                                                                                                                                                                                        | Rajasthan                                                                                                                                                                                 | 2                                                                                                                                                                                         |
| 14                                                                                                                                                                                        | Tamilnadu                                                                                                                                                                                 | 17                                                                                                                                                                                        |
| 15                                                                                                                                                                                        | Uttar Pradesh                                                                                                                                                                             | 3                                                                                                                                                                                         |
| 16                                                                                                                                                                                        | West Bengal                                                                                                                                                                               | 9                                                                                                                                                                                         |
| Total                                                                                                                                                                                     | Total                                                                                                                                                                                     | 98                                                                                                                                                                                        |

Source:RBI

| Annexure-II referred in reply to Lok Sabha Unstarred Question No. 1904 for st   | Annexure-II referred in reply to Lok Sabha Unstarred Question No. 1904 for st   | Annexure-II referred in reply to Lok Sabha Unstarred Question No. 1904 for st   | Annexure-II referred in reply to Lok Sabha Unstarred Question No. 1904 for st   | Annexure-II referred in reply to Lok Sabha Unstarred Question No. 1904 for st   | Annexure-II referred in reply to Lok Sabha Unstarred Question No. 1904 for st   |
|---------------------------------------------------------------------------------|---------------------------------------------------------------------------------|---------------------------------------------------------------------------------|---------------------------------------------------------------------------------|---------------------------------------------------------------------------------|---------------------------------------------------------------------------------|
| S. No                                                                           | State                                                                           | No. NBFC-MFIs                                                                   | of active NBFCs                                                                 | loan accounts Other MFIs                                                        | Total                                                                           |
|                                                                                 |                                                                                 | A                                                                               | B                                                                               | C                                                                               | A+B+C                                                                           |
| 1                                                                               | Andhra Pradesh                                                                  | 126328                                                                          | 51334                                                                           | 16                                                                              | 177678                                                                          |
| 2                                                                               | Arunachal Pradesh                                                               | 1247                                                                            | 0                                                                               | 0                                                                               | 1247                                                                            |
| 3                                                                               | Assam                                                                           | 858903                                                                          | 340515                                                                          | 52                                                                              | 1199470                                                                         |
| 4                                                                               | Bihar                                                                           | 3905186                                                                         | 487519                                                                          | 238387                                                                          | 4631092                                                                         |
| 5                                                                               | Chhattisgarh                                                                    | 870697                                                                          | 267950                                                                          | 72508                                                                           | 1211155                                                                         |
| 6                                                                               | Goa                                                                             | 19680                                                                           | 6223                                                                            | 0                                                                               | 25903                                                                           |
| 7                                                                               | Gujarat                                                                         | 678521                                                                          | 442731                                                                          | 40603                                                                           | 1161855                                                                         |
| 8                                                                               | Haryana                                                                         | 569078                                                                          | 93456                                                                           | 5139                                                                            | 667673                                                                          |
| 9                                                                               | Himachal Pradesh                                                                | 9666                                                                            | 323                                                                             | 41                                                                              | 10030                                                                           |
| 10                                                                              | Jammu & Kashmir                                                                 | 2919                                                                            | 147                                                                             | 0                                                                               | 3066                                                                            |
| 11                                                                              | Jharkhand                                                                       | 1102382                                                                         | 49894                                                                           | 17274                                                                           | 1169550                                                                         |
| 12                                                                              | Karnataka                                                                       | 5507146                                                                         | 997726                                                                          | 679                                                                             | 6505551                                                                         |
| 13                                                                              | Kerala                                                                          | 1154564                                                                         | 555720                                                                          | 65751                                                                           | 1776035                                                                         |
| 14                                                                              | Madhya Pradesh                                                                  | 2780087                                                                         | 535106                                                                          | 91040                                                                           | 3406233                                                                         |
| 15                                                                              | Maharashtra                                                                     | 3627563                                                                         | 487648                                                                          | 114814                                                                          | 4230025                                                                         |
| 16                                                                              | Manipur                                                                         | 13335                                                                           | 5                                                                               | 145                                                                             | 13485                                                                           |
| 17                                                                              | Meghalaya                                                                       | 6359                                                                            | 7737                                                                            | 0                                                                               | 14096                                                                           |
| 18                                                                              | Mizoram                                                                         | 4781                                                                            | 2                                                                               | 0                                                                               | 4783                                                                            |
| 19                                                                              | Nagaland                                                                        | 1094                                                                            | 1                                                                               | 5                                                                               | 1100                                                                            |
| 20                                                                              | Odisha                                                                          | 3065758                                                                         | 863340                                                                          | 35991                                                                           | 3965089                                                                         |
| 21                                                                              | Others                                                                          | 74003                                                                           | 747                                                                             | 3                                                                               | 74753                                                                           |
| 22                                                                              | Punjab                                                                          | 874744                                                                          | 45708                                                                           | 16339                                                                           | 936791                                                                          |
| 23                                                                              | Rajasthan                                                                       | 1369672                                                                         | 406269                                                                          | 17185                                                                           | 1793126                                                                         |
| 24                                                                              | Sikkim                                                                          | 2094                                                                            | 651                                                                             | 0                                                                               | 2745                                                                            |
| 25                                                                              | Tamil Nadu                                                                      | 4422178                                                                         | 2553800                                                                         | 25086                                                                           | 7001064                                                                         |
| 26                                                                              | Telangana                                                                       | 21391                                                                           | 10959                                                                           | 7                                                                               | 32357                                                                           |
| 27                                                                              | Tripura                                                                         | 88905                                                                           | 74973                                                                           | 33                                                                              | 163911                                                                          |
| 28                                                                              | Uttar Pradesh                                                                   | 3195116                                                                         | 216641                                                                          | 300389                                                                          | 3712146                                                                         |
| 29                                                                              | Uttarakhand                                                                     | 181674                                                                          | 31845                                                                           | 11435                                                                           | 224954                                                                          |
| 30                                                                              | West Bengal                                                                     | 3352312                                                                         | 808439                                                                          | 82266                                                                           | 4243017                                                                         |
| 1                                                                               | Andaman & Nicobar Islands                                                       | 98                                                                              | 138                                                                             | 701                                                                             | 937                                                                             |
| 2                                                                               | Chandigarh                                                                      | 2295                                                                            | 290                                                                             | 108                                                                             | 2693                                                                            |
| 3                                                                               | Dadra & Nagar Haveli                                                            | 1003                                                                            | 28                                                                              | 0                                                                               | 1031                                                                            |
| 4                                                                               | Daman & Diu                                                                     | 218                                                                             | 0                                                                               | 32                                                                              | 250                                                                             |
| 5                                                                               | Delhi                                                                           | 33691                                                                           | 3263                                                                            | 70                                                                              | 37024                                                                           |
| 6                                                                               | Lakshadweep                                                                     | 0                                                                               | 0                                                                               | 0                                                                               | 0                                                                               |
| 7                                                                               | Pondicherry                                                                     | 61269                                                                           | 7564                                                                            | 0                                                                               | 68833                                                                           |
| Total active loan accounts                                                      | Total active loan accounts                                                      | 37985957                                                                        | 9348692                                                                         | 1136099                                                                         | 48470748                                                                        |

Source:MFIN