Govt extends validity of Credit Guarantee Scheme for Microfinance Institutions upto August 31The Finance Ministry has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 until August 31, 2026, or until Rs 20,000 c...
10 Jun, 2026, 05.52 PM IST
Credit guarantee scheme for MFIs still stuck in low gearBanks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...
05 Jun, 2026, 12.55 AM IST
Non-banks increase microfinance share amid muted demandThe overall microfinance gross loan portfolio stood at ₹3.34 lakh crore at the end of April, down from ₹3.39 lakh crore a month ago, said t...
28 May, 2026, 12.47 AM IST
Microfinance in revival mode; MFIs, private banks expand business in JanuaryThe microfinance sector is consolidating after a period of stress. Private banks and NBFC-MFIs have increased their lending portfolios. Whi...
26 Feb, 2026, 10.07 PM IST
RBI lowers qualifying asset criteria for NBFC-MFIs to 60% from 75%The Reserve Bank of India has reduced the minimum qualifying microfinance assets for NBFC-MFIs from 75% to 60%, allowing them to diversify ...
06 Jun, 2025, 08.44 PM IST
Microfinance institutions face debt funding squeezeThe pure-play microfinance lenders categorized as NBFC-MFIs saw nearly 12% less debt funding in the first quarter, according to MFIN data. ...
29 Aug, 2024, 08.12 PM IST
NBFC-MFIs largest provider of micro-credit: ReportNBFC-MFIs and scheduled banks dominate micro-credit disbursal in India, with NBFC-MFIs leading. The gross loan portfolio for micro-credit r...
12 Jun, 2024, 08.25 PM IST
NBFC-MFIs dominate microfinance market, says new reportIt said that NBFC-MFIs surpassed banks by a thin margin. Banks as a group controls 34.8% of the market, in which lenders provide micro loan...
07 Feb, 2023, 01.25 PM IST
Stressed assets of NBFC-MFIs likely declined to 14 per cent as of end-March 2022: CrisilStressed assets of non-banking financial companies- microfinance institutions (NBFC-MFIs) are estimated to have declined to around 14 per c...
30 May, 2022, 05.02 PM IST
RBI Governor meets MDs, CEOs of NBFC-Micro Finance institutionsIn his opening remarks, the Governor recognised the important role of NBFC-MFIs in making credit accessible at the grassroots level. He als...
03 May, 2021, 09.19 PM IST
NBFC-MFIs' loan disbursement drops 96 pc to Rs 570 cr in June quarterThe data pertains to NBFC-MFI members of MFIN, a self-regulatory organisation and industry association of the microfinance sector in the co...
22 Sep, 2020, 07.05 PM IST
NBFC-MFIs to begin fresh lending only after expiry of moratoriumThe total estimated collective disbursements by NBFC-MFIs up to September could merely be Rs 2,884 crore, Microfinance Institutions Network...
24 Jun, 2020, 05.55 PM IST
Bring not-for-profit microlenders under regulatory framework, says MFI bodyOut of its 250 odd members, only about 100 come under the purview of RBI, he said while speaking at the 5th Eastern India Microfinance Summ...
18 Dec, 2019, 06.18 PM IST
RBI sets NBFC-MFIs' average base rate at 9.21% for April-JuneThe regulator in February 2014 had issued directions to NBFC-MFIs regarding pricing of credit.
29 Mar, 2019, 09.32 PM IST
MUDRA Bank can be positive for microfinance sector: ICRAAs per ICRA estimates, the MFI sector, including self- help groups (SHGs) and NBFC-MFIs, had a total portfolio of Rs 780 billion as on Sept...
06 Mar, 2015, 02.33 PM IST
Industry groups to be self regulatory bodies for NBFC-MFIs: RBIRBI decided to accord recognition to industry associations as self regulatory organisations of non-banking financial companies that are eng...
26 Nov, 2013, 09.51 PM IST
- NBFC-MFIs are distinct: MFIN
"As institutions that primarily provide micro-credit to low income households, MFIs have a well defined role in the formal RBI regulated fi...
30 Apr, 2013, 07.32 PM IST