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KARNATAKA MICROFINANCE ISSUES
Rise in long term delinquencies show persistent repayment challenges in microfinanceA recent CRIF High Mark report reveals a mixed bag for India's microfinance sector. While early-stage delinquencies have slightly improved,...26 May, 2025, 06.07 PM IST- Microfin in major crisis with near-2x NPA surge; Joint-liability lending model on shaky groundIndia's microfinance sector is facing a severe crisis as delinquency rates have surged, with gross NPAs reaching 16% in FY25. This rise has...30 Apr, 2025, 09.05 AM IST
- New microfinance guardrails from June 1 while Tamil Nadu plans to regulate recovery operationsSa-Dhan has tightened microfinance regulations amid rising asset quality concerns, particularly with potential disruptions in Tamil Nadu du...28 Apr, 2025, 02.10 PM IST
- Karnataka government sends microfinance ordinance back to Governor with explanationsThe Karnataka government has re-sent an ordinance to the Governor for assent, aimed at protecting borrowers from harassment by microfinance...10 Feb, 2025, 10.31 PM IST
- Karnataka govt mulls stringent laws to regulate microfinance companiesThe Karnataka government plans to enact tougher laws to control microfinance companies amid reports of loan recovery agent harassment leadi...24 Jan, 2025, 05.21 PM IST
- Microfinance industry body wants members to explore underserved marketIndia's microfinance sector is highly concentrated, with the top 10 states representing 85% of the market, leaving many districts and villa...01 Apr, 2024, 10.18 PM IST
- Diligent borrowers need to be kept away from credit flow-slowing loan waiver politics"Blanket loan waiver does not serve any purpose at the end of the day. Whenever governments announced such a move, it's the credit flow whi...02 Oct, 2020, 11.46 PM IST
- MFIs reporting loan data daily to prevent defaultMFIs are moving to daily reporting of loan data to credit information cos to prevent defaults.13 Feb, 2020, 10.19 AM IST
- Microfinance industry grew by 42.9% in Q1 of FY'20Banks hold the largest share of portfolio in micro-credit with total loan outstanding of Rs 78,060 crore, which is 40.9 per cent of the tot...29 Aug, 2019, 05.42 PM IST
- Crisis looms over south’s microfinance sectorThere are repayment concerns also in some smaller pockets of Tamil Nadu, said sources.04 Apr, 2017, 10.00 AM IST
- Fresh trouble for MFIs as drought-hit Karnataka sees no repayment of loansAs many as 20 NBFC-MFIs, including all the large ones, operate in Karnataka, which is otherwise a mature market for microfinance activity.03 Apr, 2017, 08.30 PM IST
- MFIs' Gross Loan Portfolio grows 30% to Rs 22,138 crore in Q2The total loan disbursals increased by 50 per cent to Rs 7,661 crore during the second quarter of the current fiscal.02 Dec, 2013, 04.36 PM IST
- SKS to raise Rs 500 crore through QIP route this fiscalSKS Microfinance, the only listed micro lender, today said it would raise Rs 500 crore through QIP route in the current fiscal.07 Dec, 2011, 08.11 PM IST
- MFIs in India need USD 200 bn: ASSOCHAMASSOCHAM on Thursday said the financial needs of the micro-finance institutions (MFIs) in India are estimated to reach USD 200 billion.16 Jun, 2011, 04.29 PM IST
- Muthoot ties up with Accion of US to boost lending in micro-fin sectorUS-based Accion International helps people out of poverty through micro loans, business training and other financial services.06 Dec, 2010, 05.05 AM IST
- Bhartiya Samruddhi Finance to raise up to Rs 250 cr from PEsMicrofinance major BASIX Group's flagship company Bhartiya Samruddhi Finance Ltd today said it will raise up to Rs 250 crore by selling sta...31 Oct, 2010, 12.11 PM IST
- Bajaj Allianz Life Insurance ties up with SKS MicrofinanceBajaj Allianz Life Insurance and SKS Microfinance have joined hands to launch a group insurance product for micro-finance organisations.15 Apr, 2008, 05.30 PM IST
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