Stress in Microfinance
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Stress in Microfinance Why in News? The microfinance sector in India is currently experiencing significant stress due to factors such as over-indebtedness among borrowers, high interest rates, and inadequate regulatory oversight. These challenges have raised concerns about the sustainability and effectiveness of microfinance institutions (MFIs) in promoting financial inclusion. Important Key Points: Over-Indebtedness:Many borrowers have […]