The microfinance sector is showing signs of a turnaround, with several small finance banks and NBFC-MFIs reporting increased business volumes and improved repayments. While some lenders are experiencing growth, others, particularly smaller ones, continue to face challenges. The overall market has contracted, with Bandhan Bank actively cleansing its balance sheet by selling non-performing loans.
RBI likely to hold rates as West Asia crisis impact on growth remains unclear: Bank of Baroda Report
The Reserve Bank of India is expected to hold interest rates steady on Friday, according to Bank of Baroda. The central bank will likely maintain