Wednesday, June 24, 2020

NBFC-MFIs to begin fresh lending only after expiry of moratorium

The total estimated collective disbursements by NBFC-MFIs up to September could merely be Rs 2,884 crore, Microfinance Institutions Network (MFIN) said in a report. This is significantly less than the average disbursements of around Rs 6,600 crore per month seen in FY20.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/nbfc-mfis-to-begin-fresh-lending-only-after-expiry-of-moratorium/articleshow/76562638.cms

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