Wednesday, June 24, 2020

NBFC-MFIs to begin fresh lending only after expiry of moratorium

The total estimated collective disbursements by NBFC-MFIs up to September could merely be Rs 2,884 crore, Microfinance Institutions Network (MFIN) said in a report. This is significantly less than the average disbursements of around Rs 6,600 crore per month seen in FY20.

from Banking/Finance-Industry-Economic Times https://ift.tt/2YrvuEO

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