RBI Raises Concerns Over Microfinance Risks as India Pushes for Growth

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.

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