Thursday, June 11, 2020

Repayment rising in micro loans; mixed bag for MSME, retail

About 25-40 per cent of microfinance borrowers have started paying back their dues at the end of May, better than April's 10-15 per cent, as borrowers exhibited improved credit discipline although they could have used the grace period allowed until August 31 by the Reserve Bank of India (RBI).

from Banking/Finance-Industry-Economic Times https://ift.tt/2XQGsU0

No comments:

Post a Comment