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The Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopolitical conflicts. The microfinance market, meanwhile, turned the corner with the fourth quarter showing Rs 77,524 crore in loan disbursement, the highest in the last eight quarters. The sector's asset quality stress also subsided with the share of the portfolio which remained unpaid for 31 to 180 days being at 2%, as of end-March, compared with 6.3% a year ago.