The organisation will ask the borrowers to do the repayment of loans if there are capable to do so.
3% of NeoGrowth's customers explored alternate business opportunities in areas that were booming during the pandemic.
There is a need for a relaunch of the PMAY scheme with an in-built credit-linked insurance or a mandatory life insurance for all borrowers, it said.
P2P platforms are giving out loans in the range of 18-36% as per the risk profile of borrowers
Microfinance has helped poor people with small loans for start tiny enterprise but it has also overburdened many with unsustainable debt
Borrowers ought to weigh in properly on the loan conditionalities before signing up
The 50,000-crore liquidity pool RBI governor announced on Wednesday will come in handy for a variety of companies along the COVID management chain.