Microfinance asset quality improves further as loans at risk fall to 2.3% in June: CRIF
Microfinance asset quality stress eased further in June, with portfolio at risk falling to 2.3 percent. Aggressive write-offs of bad loans by lenders helped reduce stressed loans across the sector. The sector has consolidated towards better portfolio performance and larger loan sizes. Average ticket size rose to Rs 62,100 as lenders focused on existing borrowers. Microfinance disbursements stood…
We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.
