Concerns Mount in MFI Sector: Overheating, Overleveraging, Digital Fraud & Systematic Lapses
Автор: NDTV Profit
Загружено: 2024-09-26
Просмотров: 693
Описание:
The MFI sector is showing signs of overheating, raising significant concerns. A troubling rise in employee frauds and loan misuse has emerged, compounded by systemic lapses and digital fraud. The recent easing by the Reserve Bank of India has led to overleveraging within the MFI sector, while the rapid expansion of NBFC-MFIs has triggered higher default rates.
#nbfc #mfi #microfinance
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