"NBFCs and MFIs play a very vital role in pushing inclusion of low-income clients. They need to be supported. Bankers are understandably risk-averse at this point, so we requested the government for some form of support. I am very happy that the government has agreed to it."
source https://economictimes.indiatimes.com/industry/banking/finance/very-welcome-step-mfin-chief-hails-fms-latest-sops-for-small-borrowers/articleshow/83945248.cms
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