Risks cloud hover over microfinance

KOLKATA: The prediction of a subpar monsoon and the ongoing West Asia conflict could adversely impact rural livelihoods in the country, potentially raise the risks of new defaults in the Rs 3.31 lakh crore microfinance sector.The Microfinance Industry Network has flagged this concern even as it highlighted the sectoral revival and improvement in asset quality in its latest report covering industry data till March.While these positive factors augur well for the sector in 2026-27, MFIN has also…