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VERIFIEDET Finance·positive
Microfinance Institutions' AUM projected to grow 20% in FY27: Crisil
AI Summary
- ·Microfinance institutions' assets under management are projected to grow by 20% in FY27.
- ·Growth is driven by a strategic shift towards non-microfinance offerings such as gold loans and MSME financing.
- ·This diversification aims to enhance resilience and earnings stability.