Kolkata: Non-performing assets in the microfinance sector surged to an all-time high of ₹50,000 crore, or 13% of the gross loans, at the end of December last year, even as the RBI reduced the need for higher capital allocation against risky unsecured assets.Moreover, the portfolio at risk that may turn NPA rose to 3.2% of the total loans from 1% a year back…
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