NBFC-MFIs gross loan portfolio may grow 10-15 pc in FY22: Report"The GLP for NBFC-MFIs in FY22, is expected to return to the growth path and register around 10-15 per cent growth due to a pick-up in disb...
Bandhan Bank soars 7% as Assam Govt provides relief on MFI loansThe scrip soared 7 per cent to Rs 337.95 on Monday, in a otherwise weak markets. However, the counter was trading at Rs 330.30 at the 9.50 ...
Micro lenders face rating downgrade risk amid second waveAny such possible downgrades will likely raise MFIs' funding costs compounding the problem of asset-liability mismatch at a time when colle...
Government will waive loans taken by poor women: Himanta Biswa SarmaOpposition Congress has promised waiver of loans taken from MFIs if the party is voted to power in Assam in the upcoming assembly polls. As...
Now, micro loan waiver talks in Assam worry MFIsCompetitive populism by offering financial benefits to the northeastern state's 27 lakh microfinance borrowers has turned out to be major p...
Assam govt to waiving loan taken by women from micro finance institutionMFI lending in poll-bound Assam has become an election issue, while BJP led government brought set of regulations to regulate the MFIs, opp...
Microfinance lending an election issue in Assam, Congress promises complete waiver of loan if voted to powerMicrofinance institutions (MFI) lending in poll-bound Assam has become an election issue, while BJP led government brought set of regulatio...
Assam government tables bill to regulate MFIs, protect and relieve the economically vulnerable groups and individualsThe bill stipulates that lenders shall ensure that a borrower who has existing loans from not more than two lenders and the current cumulat...
Assam government to frame detailed guidelines for MFI operations: Himanta Biswa Sarma“Micro-Finance Institutions have played a significant role in promoting financial inclusion in Assam over the past few years - especially i...
It all began with a few defaults. Then, suddenly it was full-scale microfinance mayhem in AssamLenders are now reacting the typical way — slowing down loan disbursement in the pockets of trouble.
Microfinance troubles back in focus: Blame it on greed alone!The issue of over-indebtedness came back to haunt the industry exactly a decade after the controversial Andhra Pradesh Microfinance Institu...
The next debt crisis: Small borrowers’ big defaultsMicrofinance is showing early signs of loans going bad en masse. And the problem is complicated by aggressive strategies of larger lenders.
Overall NPAs likely to fall but private bank NPAs could inch up: Krishnan Sitaraman, CrisilFor MFIs, every four years of decent performance is followed by one year of disturbance resulting in delinquencies going up. Cases in point...
MFIs stare at repayment crisis in rural AssamMired in debt Assam micro borrowers’ indebtedness is more than double the national average.
Stress in rural households and loan defaults create woes for microfinance sector in AssamVarious organisations in the upper part of the northeastern state have joined the chorus seeking an inquiry into the operation of microfina...
- 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...
- Sidbi offers Rs 30 crore support to microfinance companies
Sidbi has committed 30% of its Rs 100-crore microfinance development fund to some of the country’s poorest microfinance companies