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Tamil Nadu and West Bengal account for 29% of loans from MFI in country

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(G.N.S) Dt. 12 Mumbai Two states, Tamil Nadu and West Bengal, account for 29% of loans from microfinance institutions (MFIs) in the country and the top 10 states account for 83% of all small loans outstanding as of March 2019. The total outstanding microfinance loans in West Bengal was 15% and 14% Tamil Nadu. The eight other states among the top ten are Bihar (10%), Karnataka (8.5%). Maharashtra (7%), Assam

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