MFI Transactions

One reason for this shift in trend could be that banks faced challenges in managing this asset class, especially after the outbreak of the Covid-19 pandemic and the resultant lockdowns

R Baskar Babu, managing director & chief executive officer of Suryoday Small Finance Bank, tells Manojit Saha in an interview that the regulator wants these lenders to rebalance the portfolio

According to experts, haphazard regulation of the MFI sector may be tantamount to throwing the baby out with the bathwater

Process has been initiated to bring payments by digitising transactions of Svatantra Microfinance