NCAER said the contribution of the microfinance sector is significant to the economy with all its forward and backward linkages and its potential to create jobs. But at the same time, it said that monitoring the impact of lending on the borrowers and learning from it would be essential as households and enterprises moving to unsustainable debt positions could make the entire financial system unfavourable.from Stocks-Markets-Economic Times https://ift.tt/7vX5e3w
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