Bandhan Bank, small finance banks see higher slippages as microfinance lending persists
- Posted on November 11, 2024
- By Business News Today
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Bandhan Bank, small finance banks see higher slippages as microfinance lending persists
Bandhan Bank and other small finance banks that transitioned from microfinance faced higher slippages in Q2. Despite efforts to reduce micro-ticket lending and increase secured portfolios, 75-80% of fresh slippages originated from the microfinance business