Microfinance institutions' collections improve after lifting of COVID-19 restrictions: Report

"Collections had wallowed in single digit through May because of the moratorium granted by MFIs to their borrowers on an opt-out basis, but sprang to 55-60 per cent in June and continues to improve," the report by ratings agency Crisil said.

from Banking/Finance-Industry-Economic Times https://ift.tt/343L9NF