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The Economic Times

Economy / The Economic Times

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Microfinance lending dips as uneven monsoon alters the landscape

India's microfinance sector contracted in the first quarter after a previous rebound. Uneven monsoon progress weighed on rural demand and lender caution grew. The sector's portfolio shrank four percent to 3.26 lakh crore by June end. Business usually slows during this period, but rainfall added concerns. Lenders remain cautious about growing loans due to uncertain patterns.

5 Aug 2026 1:01 am