Mumbai/Bengaluru: Microlenders that splashed out money to indebted individuals are now struggling to get it back, raising concerns that payment delays could show up on balance sheets soon.
And now, after almost a year, we are starting to see cracks appear on the books of microlenders. To be sure, it was the RBI which had brought in measures to level the playing field for ...
BANGKOK: Thailand’s household debt has spiralled to almost equal the size of its US$472bil (RM1.96 trillion) economy, yet millions of individual borrowers still struggle to access credit.
Mumbai: Microfinance Institutions Network (MFIN), the self-regulatory organization for the sector, expects the current bad loan stress that microlenders face to stabilize by January next year with ...