Fusion Finance Highlights Bihar's Strategic Importance as the Country's Largest MFI Market

Bihar continues to be one of the most important microfinance markets across India for Fusion Finance Limited. The state's significance is driven by expanding rural livelihood opportunities, rising financial awareness, and strong demand for small-ticket credit among low-income households and micro-entrepreneurs. As a result, Bihar's credit landscape is evolving rapidly with deeper formalisation, wider adoption of digital processes, and a steady shift toward responsible and data-backed lending practices. These structural trends, coupled with a resilient repayment culture, continue to make Bihar a high-potential region within India's broader microfinance ecosystem.

As of 30 September 2025, Fusion Finance's portfolio in Bihar stood at ₹1,314 crore, comprising ₹1,180 crore in microfinance and ₹133 crore in MSME lending, supported by 216 branches serving around 4.52 lakh active loan accounts. The Company has demonstrated strong repayment dynamics, with collection efficiency (on POS) of 98.81% in Q2 FY26 and 98.54% in Q1 FY26 in Bihar. Across India, Fusion Finance's total Asset under Management (AUM) stood at ₹7,038 crore as of 30 September 2025 with over 25 lakh customers.

Speaking about the Company's commitment in Bihar, Mr. Sanjay Garyali, MD & CEO, Fusion Finance Limited, said: "Bihar continues to be an important market for us. The strong credit discipline we have built is reflected in near-99% collection efficiency and a carefully constructed portfolio under enhanced credit guardrails and underscores our commitment to sustainable growth. We aim to deepen our presence in the state, especially in high potential regions through expansion of both microfinance and secured MSME loans. We are also focused on scaling up digital solutions including eKYC, API-based credit checks, and real-time monitoring tools to ensure better experience for our customers as well as building of enhanced quality assets for the Company."

Over the past year, Fusion has strengthened its institutional framework through enhanced underwriting, upgraded branch-level monitoring, and wider technological and digital adoption. This has enabled faster processing, seamless cashless disbursements, and improved operational efficiency, supporting high-quality growth in the state.

Mr. Garyali reiterated that Bihar will remain central to Fusion's mission of enabling financial inclusion for underserved women and small businesses. With a strengthened presence, strong asset quality, and a forwardlooking strategy, the Company is well positioned to support the state's evolving credit landscape and build on its growth momentum in the year ahead.

Shares of Fusion Finance Limited was last trading in BSE at Rs. 165.80 as compared to the previous close of Rs. 166.80. The total number of shares traded during the day was 4338 in over 99 trades.

The stock hit an intraday high of Rs. 168.45 and intraday low of 165.50. The net turnover during the day was Rs. 724941.00.

Source : Equity Bulls

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FusionFinance INE139R01012 NBFC NonBankingFinanceCompany Bihar LargestMFIMarket