Sticky microfinance loans, which remained unpaid even after 90 days of their due dates, stood at 11.1 cent of the full mortgage portfolio of Rs 286,453 as of March 2022, in accordance with knowledge launched by CRIF High Mark.
While the delinquency degree of loans which remained unpaid after 180 days was 8.4 per cent, sticky loans above 90 days (between 90-180 days) have been at 2.7 per cent. The complete unpaid loans above 90 days work out to Rs 31,796 crore.
Portfolio in danger above 180 days (dues late or DPD) declined from 9.3 per cent in December 2021 to eight.4 per cent in March 2022. Maharashtra and West Bengal have the very best 180 DPD as of March 2022, CRIF High Mark stated.
Banks proceed to dominate the market with portfolio share of 37.7 per cent, NBFC MFIs 33.3 per cent and SFBs 17.1 per cent as of March 2022. Top 10 states represent 83.4 per cent of the gross mortgage portfolio, Bihar recording highest Q-o-Q development of 16.6 per cent as of March 2022.
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