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VERIFIEDET Finance·positive
Difficult time for microfinance business behind us, Q2 to see growth, says IndusInd Bank MD
AI Summary
- ·IndusInd Bank anticipates 15-20% growth in its microfinance business by FY27.
- ·The bank's CEO stated that the challenging period for the microfinance sector is over.
- ·Growth is expected to resume from the second quarter as disbursements increase and risks decrease.