Microfinance Loans Rise While Borrowers Take a Dive

Ladies and gentlemen, hold onto your wallets! Microfinance loans are finally revving up after a seven-quarter snooze fest. But wait, the borrower base is still shrinking faster than my last relationship. The RBI reports a drop of 22.7 lakh borrowers, yet asset quality is getting a glow-up. And our NBFCs? They're still the superheroes of microfinance, saving the day one loan at a time.