HomeNewsOpinionMoneycontrol Pro Interview | Keertana Finserv MD Padmaja Reddy points to a crisis brewing in microfinance

Moneycontrol Pro Interview | Keertana Finserv MD Padmaja Reddy points to a crisis brewing in microfinance

Dinesh Unnikrishnan • October 31, 2024 / 19:12 IST

Reddy, who previously founded Spandana Sphoorty Financial Ltd warns that borrowers are severely over-leveraged, with more than 50 percent of borrowers having between 6 to 15 loans, with their EMIs far exceeding their household incomes

Veteran microfinance industry professional warns about a brewing industry crisis

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