Collection efficiency of micro-finance institutions improve in June: Icra
"For most MFIs, especially those with a sizable presence in rural regions, the collection efficiency has improved to 40-70 per cent in June 2020 compared to a cumulative collection efficiency of less than 10 per cent in April-May 2020, the rating agency said in the report.
The collection efficiency of micro-finance institutions (MFIs) have witnessed an improvement in June following the easing of lockdown restrictions, says an Icra report, Photo: Reuters