Small MFIs expected to get Rs2,000-3,000 crore from SFBs, says report2 min read . Updated: 10 May 2021, 07:52 PM IST
- While scheduled commercial banks have funded large MFIs, they have been reluctant to sanction loans to those smaller in size, the rating agency said
The Reserve Bank of India’s (RBI) move to classify loans by small finance banks (SFBs) to certain microfinance lenders as priority sector is expected to boost lending by about ₹2,000-3,000 crore, said Acuite Ratings and Research.
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