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Microfinance institutions want additional relief measures from RBI

In a letter to RBI Governor Shaktikanta Das, MFI association SaDhan has sought a special liquidity facility of at least Rs 15,000 crore to be provided by all-India financial institutions

microfinance institutions | Reserve Bank of India | finance sector

Subrata Panda  |  Mumbai 

The fresh rise in infections has resulted in loacalised lockdowns, adversely impacting the borrowers’ ability to pay back.

A week after the (RBI) announced some relief measures for institutions (MFIs), the lenders have urged the central bank to provide additional support.



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First Published: Thu, May 13 2021. 01:06 IST