Reflecting a turnaround in the microfinance space, asset quality pressure eased sequentially with loans in the 30-plus day passed dues (DPD) bucket, declining to 10.4 per cent in the quarter ended September from 15 per cent in April-June. However, the 90-plus DPD remained stable at 3.3 per cent in the July-September period, similar to April-June, according to credit information bureau CRIF High Mark.
While the 30-plus DPD was 9.5 per cent in March 2021, it was 4.4 per cent for the 90-plus DPD bucket in the same month. This cannot be compared with the September 2020 numbers ...
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