Microfinance typically earns 10-12 per cent more than the average yield on total assets,” the bank’s management said during an analyst call following its Q2 earnings.
According to industry insiders, despite the stress in the microfinance industry, there may be demand for such loans if the price is right.
Outstanding slippages in the bank’s microfinance book stood at Rs 2,259 crore at the end of Q2FY25, up from Rs 1,998 crore in the June quarter (Q1FY25).
The story "IndusInd Bank seeks to offload Rs 1,573 crore of microfinance loans" has 531 words across 24 sentences, which will take approximately 3 - 5 minutes for the average person to read.
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