After two years of stress, micro-lenders tightened credit and reduced high-risk multiple borrowing, while repayment performance improved in FY26. The sector’s loan book, however shrank, and legacy defaults worsened. 
After two years of stress, micro-lenders tightened credit and reduced high-risk multiple borrowing, while repayment performance improved in FY26. The sector’s loan book, however shrank, and legacy defaults worsened. 
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After two years of stress, micro-lenders tightened credit and reduced high-risk multiple borrowing, while repayment performance improved in FY26. The sector’s loan book, however shrank, and legacy defaults worsened.&nbsp;
