The microfinance industry is witnessing a structural shift toward larger ticket sizes. The average loan amount continued its upward trajectory, rising 15.7% year-on-year to Rs 60,200 in Q3 FY26 from Rs 52,000 in Q3 FY25 — underscoring rising demand for higher-value loans and a change in origination strategy, according to a report by CRIF High Mark. The industry’s gross loan portfolio (GLP) stood at Rs 3.21 lakh crore as of December 2025, down 18% year-on-year. Active loans fell 23% to 11.2 crore during the same period. The decline in disbursements reflects an industry-wide risk recalibration and tighter underwriting norms, the report said. “Active loans are contracting more sharply than the overall portfolio value, indicating consolidation toward higher ticket-size loans and moderated borrower outreach.”