Ujjivan in its analyst day warned of sytem wise stress. Suryoday for long is guiding for 2% credit cost as new normal. Looks like next one year will be time correction for all MFI stocks till market adjust to their new credit cost. Their Yields already factor in high credit cost and Suryoday in particular has CGFMU cover too [credit insurance cover] so it should be well protected for credit cost beyond 3%. x.com
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