Sunday, January 12, 2025

BANKING

The microfinance sector in India has seen a decline from Rs 4.43 lakh crore in March 2024 to Rs 3.93 lakh crore by November due to slowing loan disbursals and rising asset quality stress. Collection efficiency has dropped, affecting the sector's performance. Recovery is expected in the second half of FY26, with lenders implementing strategies to prevent further decline.

from Banking/Finance-Industry-Economic Times https://ift.tt/W6ysxMG
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