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Microfinance cos' ECB more than halve in FY21 - The Hindu BusinessLine

Microfinance cos’ ECB more than halve in FY21 April 16, 2021 Sharp decline in fresh disbursements, competitive interest rates key reasons After a steady growth in last few years, external commercial borrowings (ECBs) of domestic microfinance companies have more than halved in FY21 amid a sharp decline in fresh disbursements, coupled with ample liquidity and competitive interest rates in the domestic market. According to RBI data, overseas borrowing of microfinance institutions (NBFC-MFIs) fel...
Arohan Nambiar Manoj Kumar Nambiar Aarohan Financial Services Argus Partners Managing Director Arohan Financial

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