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Nifty 5024,624.650.04%H 24,677.6 · L 24,497.95|Sensex78,5810.19%H 79,055.38 · L 78,285.74|Bank Nifty57,739.950.29%H 57,931.85 · L 57,456.35|USD / INR₹95.110%H ₹95.11 · L ₹95.11|Gold Intl (10g)₹1,32,584.420.72%H ₹1,33,431.42 · L ₹1,31,633.46|Silver Intl (1kg)₹1,91,216.940.4%H ₹1,93,617.29 · L ₹1,90,192.6|Crude WTI₹7,182.480.4%H ₹7,231.94 · L ₹7,098.79|Bitcoin₹61,30,4890.41%H ₹61,42,919.48 · L ₹61,18,058.52|Ethereum₹1,80,2951.45%H ₹1,81,604.88 · L ₹1,78,985.12|Nifty 5024,624.650.04%H 24,677.6 · L 24,497.95|Sensex78,5810.19%H 79,055.38 · L 78,285.74|Bank Nifty57,739.950.29%H 57,931.85 · L 57,456.35|USD / INR₹95.110%H ₹95.11 · L ₹95.11|Gold Intl (10g)₹1,32,584.420.72%H ₹1,33,431.42 · L ₹1,31,633.46|Silver Intl (1kg)₹1,91,216.940.4%H ₹1,93,617.29 · L ₹1,90,192.6|Crude WTI₹7,182.480.4%H ₹7,231.94 · L ₹7,098.79|Bitcoin₹61,30,4890.41%H ₹61,42,919.48 · L ₹61,18,058.52|Ethereum₹1,80,2951.45%H ₹1,81,604.88 · L ₹1,78,985.12|
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First-Time Borrowers Hit as Microfinance Lenders Prioritize Safety Over New Growth
Banking

First-Time Borrowers Hit as Microfinance Lenders Prioritize Safety Over New Growth

Microfinance lenders in India are becoming increasingly cautious, making it harder for individuals without a credit history to secure loans. A recent SIDBI-Equifax study reveals that the share of first-time borrowers has plummeted from 33% to just 20% as lenders focus on customers with proven repayment records.

49d ago·2 min readListen
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