microfinance

RBI Raises Concerns Over Microfinance Risks as India Pushes for Growth

2 months ago

The Reserve Bank of India (RBI) has once again voiced its apprehensions regarding the burgeoning microfinance sector, pointing out key vulnerabilities that could pose significant risks to both lenders and borrowers alike. This warning emerges amid the backdrop of India's ongoing efforts to enhance financial inclusion and support the country's economic recovery following the disruptions caused by the pandemic.

Rising Defaults in Small Loans Wreak Havoc on Indian Stocks and Economy

4 months ago

Recent data highlighting an alarming increase in defaults on small loans in India is causing widespread concern among investors and economists alike. The surge in defaults is not just a concern for banks and financial institutions but is beginning to signal potential economic distress for the larger Indian market. This situation is poised to have profound implications, not only on the immediate financial landscape but also on the overall economic growth trajectory of the country.