Wednesday
April 2
2025

Viewpoint: Indian Microfinance Sector Must Transform Before It’s Too Late

By Agyeya Tripathi

For decades, India’s microfinance sector was seen as a quiet revolution—a way to offer dignity, capital, and opportunity to the underserved. From dusty village lanes to dense urban clusters, microloans became synonymous with empowerment. It wasn’t perfect, but it worked.

Photo courtesy of Brooke Patterson/USAID.

 

Source: Times of India (link opens in a new window)

Categories
Finance, Technology
Tags
digital finance, digital inclusion, Digital Public Infrastructure, financial inclusion, fintech, lending, microfinance