India's $35 billion microfinance sector faces fresh risks as weak monsoon forecasts and persistent inflation threaten rural incomes, increasing the likelihood of loan defaults. According to S&P Global Ratings, borrowers with loans from multiple lenders are already showing higher delinquency rates.

India's $35 billion microfinance sector faces fresh risks as weak monsoon forecasts and persistent inflation threaten rural incomes, increasing the likelihood of loan defaults.…

A weak monsoon poses risks to India's rural economy and farm incomes. Sectors like agriculture and microfinance face significant challenges from reduced rainfall. Lower crop…