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The latest microfinance news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks microfinance across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
The Reserve Bank of India raised concerns over higher inflation from low rainfall and supply chain disruptions. The microfinance sector saw Rs 77,524 crore in loan disbursements in Q4, the highest in eight quarters. Asset quality stress subsided, with 31-to-180-day unpaid loans at 2%, down from 6.3% a year ago.
Early-stage microfinance loan defaults rose in April, while later-stage defaults improved. The overall portfolio at risk for 1-180 days decreased slightly. Total loan amount stayed stable, and active loans declined marginally.
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