Banking #climate risk#el niño
Climate Risk and El Niño Threaten Rural Credit: Rethinking Financial Resilience for Indian Farmers
As of early July, kharif sowing in India is 20% below last year's pace due to uneven monsoon and El Niño impacts. The all-India rainfall deficit narrowed to 18% but East and Northeast India face 37% deficit. LVLN Murty, CEO of Dvara KGFS, argues that rural credit must reflect local conditions, seasonal income patterns, and the need for savings and insurance to build financial resilience.
Jul 25, 2026 1 source
