MFI stress erases life cover for 50 mn in FY25
- Posted on June 27, 2025
- By Financial Express
- 2 Views
MFI stress erases life cover for 50 mn in FY25
Stress in India's microfinance sector, marked by rising defaults and reduced loan disbursals (down 25% to Rs 1.12 lakh crore in FY25), has caused top life insurers like SBI Life and HDFC Life to sharply cut group credit life exposure.
