Microfinance institutions (MFIs), smaller NBFCs collections drop to 65-85% in Q1 FY22: Acuite Ratings

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Domestic ratings agency Acuite Ratings on Thursday said the collection efficiencies of its rated microfinance institutions (MFIs) and smaller non-banking finance companies (NBFCs) have dropped to 65-85 per cent during the first quarter of fiscal 2022.

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