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Microfinance – A Protracted Credit Cycle On The Cards: ICICI Securities

Most MFI players reported a spike in their PAR portfolios and credit costs during Q1 FY25 – attributable to the heatwave and India’s general elections.

<div class="paragraphs"><p>A person counts Indian five-hundred rupee banknotes. (Photo: Radha Raswe/NDTV Profit)</p></div>
A person counts Indian five-hundred rupee banknotes. (Photo: Radha Raswe/NDTV Profit)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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