Microfinance lenders should not throw caution to the winds while chasing growth, says RBI's Rajeshwar Rao

“While chasing higher asset growth and returns, lenders should not throw caution to the winds. Any slip-up through adverse actions of the MFIs may undo the tremendous progress achieved over the decades and the sector can ill-afford to do that,” Rao said at Sa-Dhan National Conference on “Revitalizing Financial Inclusion”.

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