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Additional Rs 30,000 Crore Debt Funding To Smaller MFIs Likely In 2021-22: Report

An additional Rs 3,000 crore debt funding to smaller MFIs likely in the current fiscal year
An additional Rs 3,000 crore debt funding to smaller MFIs likely in the current fiscal year
The recent relief measures announced by the Reserve Bank of India (RBI) are timely for the microfinance institutions (MFI) sector. According to a recent report titled 'Impact Note - MFI sector' released by the credit rating and research agency Acuite Rating and Research, an additional Rs 3,000 crore debt funding to smaller MFIs likely in the current financial year 2021-22. The fresh restructuring window for loans up to Rs 25 crore is...
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