How are the guardrails of India’s microfinance sector helping it back to health?

India’s economy has been humming. Easing of income tax rules, followed by GST rate cuts for daily-use items have helped the it along. One important indicator of economic health is the microfinance sector. That has had its highs and lows over the past decade. Today we have with us Alok Misra, CEO of MFin, the representative organisation of the sector to give us an idea about how self-regulation has helped and why defaults rates, while improved from earlier levels, could still be lower than where they are. Guest: Alok Misra, CEO, MFin Host: Bharath Kumar K Edited by Sharmada Venkatasubramanian Learn more about your ad choices. Visit megaphone.fm/adchoices