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Are COVID-era bills finally coming to bite us back?
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Are COVID-era bills finally coming to bite us back?
In today’s Finshots, we dive into whether the micro-finance industry’s ₹2,440-crore write-off spree is a genuine reset or just a fresh coat of paint on an old crack.The Story₹2,440 crores!That’s the amount that vanished from the books of five major microfinance lenders between January and March 2025 alone. CreditAccess Grameen, Fusion Micro Finance, Muthoot Microfin, Satin Creditcare and Spandana Sphoorty took the hit together. And the worst par…
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