MFIs go slow on lending as NBFCs hold on to cash

INSUBCONTINENT EXCLUSIVE:
The liquidity squeeze plaguing nonbanking finance companies (NBFCs) is having a ripple effect on microfinance operations far away from the
top industry executives
delegation will meet NBFCs next week with a plea to release funds for smaller microlenders that typically borrow 50-60 per cent of their
Kumar, who is also the MD of CreditAccess Grameen, which listed on August 23
the low-risk category in terms of asset-liability mismatch
crore
point. Larger NBFC-MFIs with diversified sources of funding are doing better
apply the brakes
Fusion Microfinance, which is in the top 10 in terms of gross loan portfolio.