You are here: Home » Economy & Policy » News
What's behind surging bond yields and how it's upsetting govt's fiscal math
The humble 'chana' may decide BJP's political fate in three states it rules
Business Standard

Demonetisation effect: Microfinance NPAs remain elevated in many states

Another cause can be traced to the loan waivers announced by these state governments

Topics
Microfinance

Mayank Jain & Ishan Bakshi  |  New Delhi 



Microfinance

Almost 18 months after demonetisation was announced, the sector continues to suffer, as a substantial portion of its loan portfolio in some states remains at risk. At national level, the portfolio at risk (PAR) — value of loans in arrears — for delinquencies of more than 30 days (PAR>30) was almost 6 per cent at the end of December 2017, up from 0.3 per cent at the end of September 2016. It had soared to 14.1 per cent at the end of March 2017.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, April 12 2018. 07:03 IST

RECOMMENDED FOR YOU

.