Wednesday, July 13, 2022

BANKING

Microfinance loans overdue by over 30 days along with restructured loans are estimated to have declined 800 basis points to around 14% as of March 2022, after peaking at approximately 22% in September 2021, rating agency Crisil said. But it remains well above the pre-pandemic levels of 3%, Crisil said in May.

from Banking/Finance-Industry-Economic Times https://ift.tt/FnbSZD7
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