MFI sector's credit cost seen at 5-10 pc in FY22: Report

After the imposition of stricter measures on mobility across states in the wake of the second wave of COVID-19, the agency in May 2021 had opined that the overall MFI sector's collections could drop by a cumulative 10-15 per cent during the month compared to March 2021.

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