Alok Misra

Alok Misra, CEO of MFin, sheds light on India's microfinance sector and its recent recovery path. He discusses how self-regulation has introduced effective guardrails that improved credit quality metrics and reduced default rates. Misra also explains the impact of rising loan sizes due to inflation and cautious lending. He highlights the funding challenges the sector faces and suggests the need for government guarantees to restore liquidity. With a focus on empathetic approaches to non-willful defaults, he provides insights into the sector’s promising outlook.