Current Affairs · Microfinance Sector Performance Trends
Evaluate the following statements regarding the performance and asset quality of the microfinance sector as of late 2023: 1. By September 2023, the microfinance sector witnessed a sharp rise in 31-180 day loan delinquencies, indicating a deterioration in asset quality. 2. The surge in incremental bad loans was predominantly concentrated in western regions such as Gujarat and Rajasthan. 3. The overall microfinance portfolio value expanded by over 4% quarter-on-quarter, driven by an expanding customer base. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, and 3
- 23 only
- 32 and 3 only
- 41 and 3 only✓
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1 and 3 only
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