Thursday, February 11, 2021

Microfinance sector shrinks by 4% in the nine-month period

The repayment efficiency ratio, while improved to 85-95% at the end of December from just about 55-60% seen in July, is yet to reach pre-Covid level of 97-99%. Portfolio at risk for 30 days has deteriorated to 13.23% from 1.78% in March 2020.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/microfinance-sector-shrinks-by-4-in-the-nine-month-period/articleshow/80854556.cms

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