Microfinance institutions’ collections improve after lifting of COVID-19 restrictions: Report

NEW DELHI: The collections of microfinance institutions (MFIs), which had plunged to near zero in April because of the coronavirus lockdown, rebounded to 70-75 per cent in July on account of gradual lifting of restrictions, says a report. “Collections had wallowed in single digit through May because of the moratorium granted by MFIs to their […]