Microfinance Loans Bounce Back but Borrowers Keep Vanishing

Hold onto your hats, folks! Microfinance loans are finally on the rise after a seven-quarter slump, but the borrower base is still shrinking faster than a balloon at a party! In the latest RBI report, 22.7 lakh borrowers have waved goodbye. On the bright side, fewer borrowers are juggling loans from multiple lenders, so that’s a win! It's a rollercoaster ride of ups and downs!