Friday, June 11, 2021

MFIs 30-plus delinquency may rise to 14-16% in June: Report

In the absence of a loan moratorium this year, more MFIs are likely to opt for permitting restructuring under the Reserve Bank of India's (RBI) Resolution Framework 2.0 announced last month, and continue with higher provisioning, the report said.

source https://economictimes.indiatimes.com/industry/banking/finance/mfis-30-plus-delinquency-may-rise-to-14-16-in-june-report/articleshow/83429872.cms

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