Agents\, MFIs Key To Expanding Priority Sector Lending To Low Credit Districts

Agents,  MFIs Key To Expanding Priority Sector Lending To Low Credit Districts
A Hindusthan Microfinance Pvt. Ltd. employee interviews loan applicants in Mumbai, India. (Photographer: Adeel Halim/Bloomberg)

Agents, MFIs Key To Expanding Priority Sector Lending To Low Credit Districts

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Banks will need to tap into their agent network and leverage existing partnerships with non-bank lenders to target potential borrowers in districts with low credit penetration.Last week the Reserve...