As per industry players, the microfinance sector has bounced back from Covid-19 stronger than it had from any other previous crisis - Krishna Crisis (2006), Kolar crisis (2009), Andhra Pradesh crisis (2010) and demonetisation (2016). This has happened for multiple reasons.source https://economictimes.indiatimes.com/industry/banking/finance/microfinance-trade-finance-pe-housing-finance-almost-at-pre-covid-levels-et-ilc-members/articleshow/80134736.cms
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