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Micro-finance rebound shows rural India recovering from demonetisation
Interactions with micro-finance companies reveal no expectation of disruption from the rise of farm loan waivers in Indian states but instead a focus on the effects of demonetisation, the report said. Microfinance Institutions Network-India's largest group of microfinance firms-reported that demonetization severely impacted the micro-finance business in multiple ways including slowing down of growth due to non-availability of cash for a few months. Motilal intends to observe delinquency trends for a few more quarters before reaching conclusions over the impact of waivers on micro-finance.
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