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COVID PANDEMIC MICROFINANCE
Himanta 2.0: How Assam’s strongest BJP leader tightened his grip on powerEntering his second term as Chief Minister of Assam, Himanta Biswa Sarma exemplifies a fusion of regional identity and national aspirations...
Himanta Biswa Sarma brings back BJP for third consecutive term in AssamHimanta Biswa Sarma led the BJP to a historic victory in Assam, winning 82 seats. His aggressive campaign, focusing on welfare schemes like...
Arohan Financial plans to file for IPO within a monthMicrofinance firm Arohan Financial Services is preparing to file for a ₹1,400-crore IPO within a month, aiming for a ₹600 crore primary iss...
Arohan Financial Services in final lap to file DRHP for Rs 1400 crore IPOArohan Financial Services plans a Rs 1,400 crore IPO, combining fresh issue and OFS, amid improving microfinance sector conditions. With be...
Ahead of Assam polls, CM Sarma banks on loyal voter baseAssam Chief Minister Himanta Biswa Sarma commands a strong voter following built over decades. His political journey spans various affiliat...
Govt may cap lending rates to MFIs under guarantee schemeThe finance ministry is set to direct banks to cap lending rates at 2% above MCLR for microfinance companies under a new credit guarantee s...
MFIs need to rebuild credibility and confidence to achieve sustainable growth: StudyMicrofinance institutions face a critical challenge in rebuilding trust and credibility for sustainable growth. Recent setbacks like demone...
Rural stress hit microfin show, it could improve in FY26: ExpertsRural households have increasingly prioritised essential expenses and secured loan repayments over microfinance obligations in recent month...
Microfinance lenders need to raise fresh capital in FY25According to Acuite Ratings & Research, pure-play microfinance lenders in India will need to raise fresh capital in FY25 to sustain their g...
Covid-19, CAA protests reasons behind MFI loan defaults: Himanta Biswa SarmaTaking another giant leap forward towards fulfilment of promises made during campaigning for the 2021 State Assembly elections, Sarma on Sa...
NBFCs' collection efficiency close to pre-Covid levels: ICRAThe delinquency levels are lower by 300 basis points (bps) from their peak levels during Covid-19, the rating agency said.
Micro-loan securitisation volumes may see impact in Q4 due to third COVID-19 wave: Report"The securitisation volumes in Q4 (FY22), which should have otherwise seen a healthy improvement, could be impacted by the concerns around ...
MFI's gross loan portfolio grows 0.86 pc to Rs 2,36,100 crore as of June-end: ReportBraving the COVID-19 pandemic impact, the microfinance sector was quick to recover to the pre-pandemic level by the fourth quarter of FY202...
MFIN signs MOU between Assam government and 37 microfinance lendersAMFIRS is aimed at providing financial relief from the Government to the microfinance borrowers in Assam to help them continue maintaining ...
Muthoot Microfin added 37% more employees in pandemic period, disburses Rs 2,700 cr loan in FY21Muthoot Microfin has expanded its employee strength by 37 per cent during a period when retaining employees and maintaining salaries came a...
MFIs better prepared to deal with disruptions due to rising COVID-19 cases: MFIN CEOOver the past year, microfinance institutions (MFIs) have streamlined their processes, trained field staff on COVID-appropriate behaviour a...
Millions of defaults threaten microfinance's future in IndiaBorrowers around the world have been hit hard but perhaps nowhere more so than in India. It’s the global leader in microfinance, the financ...
Building capital buffers, managing liquidity crucial for MFIs: RBI articleThe article, prepared by Snimardeep Singh of Department of Supervision, Reserve Bank of India, said though COVID-19 presents new challenges...
Microfinance sector may see consolidation post COVID, say expertsMicro lenders will also move towards digitisation of all processes for serving their customers who are going to see a change in their trans...
Microfinance institutions' collections improve after lifting of COVID-19 restrictions: Report"Collections had wallowed in single digit through May because of the moratorium granted by MFIs to their borrowers on an opt-out basis, but...