Financial ExpressApr 3Data Drive: Microfinance write-offs riseThe microfinance segment of fi nancial services in the country reported a noticeable rise in write-off of microfinance loans in the quarter ended December 2022—climbing from 4.9% of the total loan portfolio in December 2021 to 6.6% in December 2022.In terms of delinquency management, the five best-performing lenders‘ portfolio at risk (PAR) in terms of 30+ days past due (DPD), 90+ DPD, and 180+ DPD, 0.4%, 0.2%, and 5.9%, respectively.Read More At Financial Express
The microfinance segment of fi nancial services in the country reported a noticeable rise in write-off of microfinance loans in the quarter ended December 2022—climbing from 4.9% of the total loan portfolio in December 2021 to 6.6% in December 2022.In terms of delinquency management, the five best-performing lenders‘ portfolio at risk (PAR) in terms of 30+ days past due (DPD), 90+ DPD, and 180+ DPD, 0.4%, 0.2%, and 5.9%, respectively.Read More At Financial Express
