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Global finance institutions explore ways to support MFIs, NBFCs: CDC Asia head

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MUMBAI: Global development finance institutions (DFIs), including the UK government's CDC, are exploring ways in which they can jointly support Indian microfinance institutions and NBFCs which cater to MSMEs and people engaged in the informal sectors, who are expected to bear the biggest brunt of the nationwide lockdown, said a senior executive at CDC in an interaction with Mint. "We are in conversation with various multilateral development agencies and we are trying to see how we can provide support to these companies in a coordinated manner.

There is a fair amount of overlap in investments among the multilaterals both in the financial services sector and in healthcare and we will be looking at these two sectors for collaborative

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