Covid-19 Could Be Biggest Tail Risk Event For Microfinance\, Says RBI Paper

Covid-19 Could Be Biggest Tail Risk Event For Microfinance, Says RBI Paper
A woman holds the loan she has received, a stack of rupee bills, during a meeting organised by a microfinance organisation. (Photographer: Adeel Halim/Bloomberg)

Covid-19 Could Be Biggest Tail Risk Event For Microfinance, Says RBI Paper

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The coronavirus pandemic could prove to be “the biggest tail risk event for the microfinance sector in a long time”, cautioned an RBI paper released as part of the central bank’s monthly bulletin.L...