Microfinance: India
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Revision as of 08:16, 19 November 2020
This is a collection of articles archived for the excellence of their content. |
Status
Growth, 2017-19; Delinquent districts
May 13, 2019: The Times of India
From: May 13, 2019: The Times of India
See graphics:
Microfinance in India: Growth, 2017-19
Microfinance in India: the ten districts with the most defaults, presumably as in 2018.
Microfinance recovers
India's microfinance industry — anchored by banks, NBFCs and MFIs – now has a clientele of more than 42 million. The sector hit a hard patch during demonetisation. And in the months following demonetisation, non-performing assets (NPAs) as a percentage of loans hit highs of 14-15%. But the sector has since recovered. Despite loan waivers and election season, the microfinance sector in India now has a default rate of 2.9%. However, there are still some districts and regions which show stress.
