The Economic Times

Microfinance asset quality improves further as loans at risk fall to 2.3% in June: CRIF

The microfinance sector experienced a noticeable easing of asset quality stress in June, thanks to lenders aggressively addressing bad loans, which bolstered the portfolio's performance. The average loan amounts saw an uptick as lenders prioritized dependable borrowers. Meanwhile, the seasonally driven slowdown caused loan origination to level off, although NBFC-MFIs recorded a significant increase in their portfolio shares over the past year.