MFI loan repayment rises to 90% by July-end

"We are expecting recovery around the Durga Puja season. This is the time when business grows. But if the third wave comes, the recovery may be delayed by another quarter," said Chandra Shekhar Ghosh, managing director at Bandhan Bank, the country's largest microfinance lender. About 60% of Bandhan's loan assets are unsecured micro loans.

via Economictimes

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