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Wednesday, December 1, 2021

Collections near normal level, but smaller MFIs still facing liquidity crunch, says CreditAccess Grameen MD

Hebbar said smaller MFIs with a portfolio of less than Rs 500 crore find it difficult to acquire funds because of their dependency on borrowing largely from non-banking finance companies (NBFCs) and other informal sources. Mainstream banks not extending credit is an issue.

from Banking & Finance – The Financial Express https://ift.tt/3xEge7m

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