The second wave is more dispersed and thus smaller towns and villages witnessed a sharp rise in infections and fatality. With reduced income levels and higher health expenditures, India Ratings expects the performance of asset segments such as microfinance to be significantly affected.source https://economictimes.indiatimes.com/industry/banking/finance/banking/second-covid-wave-to-impact-rural-loan-collections-india-ratings/articleshow/83334709.cms
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