MFI industry seeks higher credit guarantee scheme in budget 2022 : Rashtra News #MFI #industry #seeks #higher #credit #guarantee #scheme #budget The microfinance sector has urged Finance Minister Nirmala Sitharaman to increase the limit of credit guarantee scheme in the budget for 2022-23. In the budget representation to the ministry, the self regulatory body (SRO)
New Delhi: Microfinance Institutions Network (MFIN), industry association for Microfinance and RBI-recognized self-regulatory organization launched the 2nd edition of Micro Matters: Macro View – India Microfinance Review FY 2021-22 on 4th of November in Mumbai. Dr Alok Misra, CEO and Director of MFIN welcomed the audience in a packed hall, set the context of the report, and
In the budget representation to the ministry, the self regulatory body (SRO) of MFIs stated the sector has been facing a few challenges in terms of higher credit costs and access to low-cost long term funds.