The Economic Survey also noted that while private equity and venture capital funding has fuelled the expansion of the microfinance sector, it has also been accompanied by recurring stress, including over-lending and over-indebtedness.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs