RBI tells MFIs to improve governance, loan appraisal system; assesses pandemic-led stress

The central bank governor Shaktikanta Das called on these lenders Monday to assess the ground level situation—going beyond the accounting numbers of micro lenders—following the sharp rise in the rate of infections across regions, which forced local authorities to go for area wise containments and partial lockdowns.

from Banking/Finance-Industry-Economic Times https://ift.tt/3b3KmiC