such as uttar pradesh as companies turned to areas where they could operate more freely the share of uttar pradesh in overall mfi portfolio rose to 7 in march from 5 a year earlier according to data from rating company icra this contrasts with andhra pradesh which shrank by two percentage points to 18 and west bengal by a percentage point to 14 sks microfinance indias only listed microlender posted a rs 1634crore profit in the september quarter it said on wednesday it reported a 48 surge in its portfolio to rs 2029 crore outside andhra pradesh the companys loan portfolio in uttar pradesh has risen to about rs 180 crore from rs 96 crore a year ago disbursals have increased nearly 20 to rs 88 crore from rs 74 crore we have put the ap problem behind us dilli raj said the overall loan portfolio has increased and higher allocations went into uttar pradesh as a result the ratio of up to overall loan portfolio has increased to 9 this september quarter from 7 a year ago while mfis are stepping up activity in uttar pradesh banks have been less than active bank credit in uttar pradesh dropped to 55 of the allindia total at june end from 97 at the same time in 2011 reserve bank of india data show large banks do not lend readily to small credit takers and for poor illiterate farmers the documentation needs become very cumbersome at banks said pawan kapoor chief executive at hcbl cooperative bank mfis and cooperative banks like us try to address this gap uttar pradesh ranked ninth from the bottom in economic development by the raghuram rajan panel this year has been steadily improving in past few years real per capita income rose to rs 18103 in fy12 from rs 16374 in fy10 with access to banking services seen as the biggest hurdle in lifting millions out of poverty financial inclusion is a key objective of prime minister manmohan singh and reserve bank of india