India’s Microfinance Sector Signals Recovery Amidst Persistent Economic Caution
India’s microfinance sector is showing definitive signs of recovery this quarter, marking a pivotal turnaround after two years of significant financial stress. Industry data indicates that Microfinance Institutions (MFIs) have successfully improved collection efficiency and restored asset quality to pre-stress levels across rural and semi-urban markets. The Context of Financial Resilience The microfinance industry faced…