Credit Market

31 May 2023

Microfinance Companies have performed better during FY23

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During FY23, microfinance companies have yielded better performance as compared to previous fiscal. Specifically, Credit Access Grameen has registered significant operating efficiency with improvement in asset quality. Asirvad Microfinance Ltd also posted impressive financial performance with significant improvement in asset quality. Spandana Sphoorty Financials Ltd is cleaning up its balance sheet.

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Subhasis Mishra
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