May 25, 2020
Microfinance lenders aim at repayment collection, restoring credit cycle amid rising stress
Microfinance lenders aim at repayment collection, restoring credit cycle amid rising stress
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KOLKATA: Microfinance firms and small finance banks are desperately looking to boost repayment collection to revive cash flow and resume loan disbursement to restore normalcy in credit cycle even as the Reserve Bank of India extended moratorium on payment till August 31 for borrowers under stress.
The prime concern expressed by microfinance leaders now is that the extended moratorium…
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