The MFIs have already proven in the past that the poor households are bankable and small ticket loans to such clients can be extended in a profitable manner. Historically, this portfolio has seen very low delinquencies. The microfinance business of the bank can be broadly classified under two heads Wholesale & Retail. In Wholesale Microfinance, the Bank offers credit facilities to MFIs for further on-lending to their customers. Under Retail Microfinance, the bank offers a suite of products to individuals/JLG/SHG catering to their various entrepreneurial needs. These retail microfinance products would be a significant contributor to the vision 2020 of Bank of reaching out to 5% of the bankable population
