The microfinance sector is consolidating after a period of stress. Private banks and NBFC-MFIs have increased their lending portfolios. While the overall market saw a slight dip, early delinquency rates are improving. Experts anticipate a return to normal growth by the end of the first quarter of FY27. This marks an inflection point for the industry.
Banks seek RBI clarity on forex hedge curbs, warn rules may hit genuine trade flows amid delays
Banks are urging the Reserve Bank of India for clarity on forward contract rules. Recent RBI directives aimed at curbing speculation could impact genuine trade