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Microfinance institutions’ collections improve after lifting of COVID-19 restrictions: Report

by Economic Times
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“Collections had wallowed in single digit through May because of the moratorium granted by MFIs to their borrowers on an opt-out basis, but sprang to 55-60 per cent in June and continues to improve,” the report by ratings agency Crisil said.

This Microfinance institutions' collections improve after lifting of COVID-19 restrictions: Report was originally published on https://economictimes.indiatimes.com/industry/banking/finance/microfinance-institutions-collections-improve-after-lifting-of-covid-19-restrictions-report/articleshow/77548680.cms

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