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Stress in some MFIs does not warrant regulatory action: Senior RBI official

By Economic Times - 3 weeks ago
The Reserve Bank of India reassures there is no systemic risk in the microfinance sector despite recent stress. Senior officials highlighted that concerns are entity-specific, and no strict regulatory action is planned. Ashima Goyal of the Monetary Policy Committee indicated non-performing assets are manageable and the banking system remains resilient.

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