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andhra pradesh
Nightmare At SKS Microfinance
Posted on Wednesday, Sep 14th
Andhra Pradesh state politics in India concerning the MFI sector are continuing to hurt the performance of the sector in the country. According to Credit Suisse, India’s leading MFI, SKS Microfinance is seeing loan recoveries in the state to be as low as 12% compared with the industry’s average recovery rate of 22%. SKS’s bad
