Nabard lines up term loan facility for MFIs, but smaller ones may not get it

The microfinance sector may require Rs 15,000-20,000 crore of funding in May and June, according to Sa-dhan, the largest microfinance lobby group with 212 members. They are facing cash flow mismatches as they have offered moratorium on loan repayment to their borrowers even as most of their lenders are not extending back-to-back support.

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