Current Affairs · Economy & Microfinance
Consider the following statements regarding Sa-Dhan's Bharat Microfinance Report: Statement I: Microfinance loan defaults in India have increased sharply in FY 2024–25, reflecting deepening repayment stress, especially among rural borrowers. Statement II: Sa-Dhan, an RBI-owned regulatory agency, publishes the Bharat Microfinance Report annually to track credit performance in the sector. Statement III: Loans overdue by more than 30 days (PAR 30+) and 90 days (NPAs) have both increased compared to the previous fiscal year. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both Statement II and Statement III are correct, and both of them explain Statement I.
- 2Both Statement II and Statement III are correct, but only one of them explains Statement I.
- 3Only one of the Statements II and III is correct, and that explains Statement I.
- 4Neither Statement II nor Statement III is correct.✓
Correct answer
Neither Statement II nor Statement III is correct.
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