The move comes after bank funding to MFIs dropped nearly 70% between FY24 and FY26, severely impacting smaller players

The government has rolled out a ₹20,000-crore Credit Guarantee Scheme for Microfinance Institutions 2.0, a move that industry body Microfinance Industry Network (MFIN) said would help revive credit flow to underserved segments and ease funding constraints in the sector....