Microfinance (MFI) exposure will increase to ~8% of merged loan book IIB currently has MFI portfolio of Rs29bn (2.4% of loan book) which post the merger will increase to ~Rs107bn and correspond to ~8% of total loans. While IIB has shown very controlled growth in its MFI portfolio (~INR29b for the last few quarters) the growth rate for BHAFIN has been higher at ~24% y-y. IIB indicated that over the medium term MFI loans will form ~5% of total loans as it sees strong growth opportunities in rest of the banking business....