Microfinance Loans at Rs 4.42 Lakh Crore Need Sustainable Financing to Boost Income Levels
New Delhi [India], October 26: The ‘Bharat Microfinance Report’ released by Sa-dhan, India’s largest self – regulatory organisation of Impact Finance Institutions, has observed that the micro-finance institutions, particularly the ‘For – Profit’ organisations like NBFC-MFIs, NBFCs and SFBs should follow more caution for ensuring a better quality of assets and growth while exploring the ways of sustainable inclusive finance. Sa-dhan released the report during its two-day 19th Sa-dhan National Conference on Inclusive Growth 2024 happening in New Delhi. Shri Jiji Mammen, Executive Director and CEO of Sa-dhan said, “The micro-finance sector needs to move into a sustainable mode; so as to bring a comprehensive and sustainable development at the bottom of the pyramid. Micro-finance helps milli
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