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Bandhan Bank Accelerates Shift Away From Group Micro-Lending
Bandhan Bank moves more borrowers away from group lending to individual loans. What are the implications?
10 May 2021, 12:30 PM IST
Bandhan Bank Ltd. has been moving a larger share of joint liability group loans to individual loans, as it looks to become the “sole lender” to its micro-borrowers. The strategy, however, comes with its own risks at a time when income stress, particularly for self-employed borrowers, may persist."We saw that our sole lending percentage which used to be 70% three years ago came down to 50%, so we decided to convert all the existing re...
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