Tuesday, December 7, 2021

MFI industry shows improvement after 2nd wave, caution needed on asset quality: Report

The portfolio outstanding for the industry, which typically provides small ticket loans to micro entrepreneurs and women borrowers, increased to Rs 249 lakh crore as of September, up 2.1 per cent when compared with the figure in June and 6 per cent when compared with the year-ago period, a report said.

source https://economictimes.indiatimes.com/industry/banking/finance/mfi-industry-shows-improvement-after-2nd-wave-caution-needed-on-asset-quality-report/articleshow/88144121.cms

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