micro-finance sector
Sharp rise in MFI delinquency rate in Assam in Q3
The overall write-offs as of December 2019 stood at 1.4 per cent of the portfolio, 10 bps higher than the previous quarter.
Micro-lenders face a crisis in Assam
Many micro-finance borrowers in five–six districts of Assam have stopped repayment of their loans.
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