Finance
Sock JohnsonRBI Slams NBFCs: Microfinance Loans Demand Serious Focus
Listen up, folks! The RBI just threw down the gauntlet on NBFCs! As of March 2025, those microfinance warriors are feeling the heat with GNPA at a sizzling 4.1%! Meanwhile, the broader NBFC crew is flexing with a cool 2.9%. RBI says it's time to keep a sharp eye on those loans, so let’s tackle this challenge like champions!
few days ago | Anupreksha Jain
Quick rundown
1.NBFC asset quality improved overall, but microfinance sector faced challenges.
2.RBI cautions on microfinance loans, urging close monitoring.
3.NBFCs need to diversify funding and address tech challenges.
4.Microfinance sector growth aided by revised regulations and MFIN guidelines.
5.Despite profitability pressures, NBFCs remain well-capitalized.
