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MUMBAI: The microfinance industry shrank in Q2 FY25 as delinquency rates on their loans, where instalments are overdue by 30 to 180 days, jumped to 4.3 per cent in September 2024 from 2 per cent a year ago. Besides shrinking their portfolio, lenders brought down the number of borrowers with multiple loans – the category with the maximum number of …
Read More »Microfin business shrinks 4% in a quarter as defaults double in a year – Times of India
