Business Standard-Borrowers with microfinance, retail overlap have higher delinquency: CRIF
Around 14.3 per cent of live microfinance borrowers held active retail loans as of September 2024. Among these, approximately 37 per cent were in the 30+ days past due (DPD) category for either their microfinance or retail loans, or both, according to a report by CRIF.
The report highlighted that borrowers with an overlap of microfinance and retail loans exhibited higher delinquency rates compared to those with only microfinance loans.
