Demonetisation May Lead to Equity Erosion for Microfinance Institutions, Says In...

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Jun 2017
India, June, 15 2017 - Demonetisation has brought weak spots in the microfinance sector to the fore, said rating agency India Ratings & Research in a report which warns that companies in this business could face significant credit costs and equity erosion this year.

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Source : Bloomberg
 

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