Friday, April 9, 2021

Mini-lockdown may affect microfinance institutions' collections: Crisil

"If more states follow Maharashtra and impose mini-lockdowns of their own to curb the pandemic, and these continue for an extended period, (MFIs) PAR (portfolio at risk) recovery would be affected," Crisil Ratings said in a report.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/mini-lockdown-may-affect-microfinance-institutions-collections-crisil/articleshow/81992843.cms

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