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Default clouds hover over microfinance as industry flags weak monsoon
In the evolving world of India's microfinance sector, fresh credit risks are emerging on the horizon. The dual challenges of an unsteady monsoon and geopolitical tensions in West Asia could significantly affect the livelihoods of rural populations. Despite a recent upturn in asset quality, these external threats raise serious concerns for sustained growth.
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economictimes.indiatimes.com
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Risks cloud hover over microfinance
The Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopolitical conflicts. The microfinance…
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Default clouds hover over microfinance as industry flags weak monsoon
In the evolving world of India's microfinance sector, fresh credit risks are emerging on the horizon. The dual challenges of an unsteady monsoon and geopolitical tensions in West…