Which state is the largest in terms of the outstanding portfolio of microfinance loans, as per the MFIN Micrometer Q4 FY21-22?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. Tamil Nadu.
According to the MFIN Micrometer Q4 FY21-22 report, Tamil Nadu had the largest outstanding portfolio of microfinance loans. The state's portfolio stood at ₹36,806 crore as of March 31, 2022. This was followed by Bihar with ₹35,941 crore and West Bengal with ₹34,016 crore. Uttar Pradesh and Maharashtra were also among the top five states with outstanding portfolios of ₹33,577 crore and ₹32,922 crore, respectively, during this period. The report highlights the significant concentration of microfinance loan portfolios in a few key states in India.