business personal loans credit card stress has moderated but microfinance pain persists kotak ceo vaswani say

Personal Loans Credit Card Stress Has Moderated, But Microfinance Pain Persists', Kotak Ceo Vaswani Says

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Kotak Mahindra Bank is reassessing its microfinance strategy due to the limitations of the JLG model, anticipating continued stress in the sector for a few more quarters. Despite headwinds in the past fiscal year, the bank remains optimistic about growth, while also acknowledging potential challenges from global trade tensions and geopolitical uncertainties.