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May 24, 2021
Smooth access to funding and liquidity said to be critical for the microfinance sector
India Ratings (Ind-Ra) said a sequential challenging year stares at the microfinance sector, with the impact of the credit costs on account of the second wave expected to be higher in the annual financials for FY22 than FY21.
With the second wave penetrating rural markets, Ind-Ra estimated collections for microfinance institutions (MFIs) and small finance banks (SFBs) to have declined 3-5 per cent in April 2021 and additional 5-7 per cent in May 2021 (first fortnight of the month), both on a month-on-month basis, as states implement stricter measures to manage the second Covid wave. ....

Amit Rane , India Ratings , Senior Analyst , Covid 19 , அமித் றானே , இந்தியா ரேடிஂக்ஸ் , மூத்தவர் ஆய்வாளர் ,