Note ban shrinks securitisation in MFI by 79% in H2 of FY17'

The impact of demonetisation on microfinance securitisation volumes has led to a slump of 79 per cent in the second half of FY17'.

"The decline is to the tune of 79 per cent in the second half of the FY17' at Rs 1,650 crore compared to Rs 8,000 crore in the six months of the previous year," ICRA Head Structured Finance, Vibhor Mittal told

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