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MFI LOAN NEWS
RBI’s bold rate cut sets stage for market rally: Sandip SabharwalSandip Sabharwal highlights the positive impact of RBI's actions, including rate cuts and easing stress on unsecured loans, particularly be...- Karnataka MFI Ordinance: New law imposes tough conditions for MFIs to operate, coercive loan recover will invite fine, jail termThe Karnataka Government has enforced the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025, which manda...
- IndusInd Bank shares rise over 1% after Q3 results. Should you buy, sell or hold?IndusInd Bank shares rose 1.5% despite the Q3FY25 standalone net profit dropping 39% YoY to Rs 1,401 crore, surpassing estimates of Rs 1,28...
- IndusInd Bank shares up 2% after lender puts Rs 1,573 crore in MFI loans for saleIndusInd Bank share price: The lender is selling Rs 1,573 crore worth of unsecured microfinance loans due to asset quality pressures. The l...
- V Vaidyanathan on how IDFC First Bank is growing@30% despite MFI business stress & infra loan account write-offIDFC First Bank's CEO, V Vaidyanathan, reveals stress in the microfinance sector due to multiple adverse events. Despite rising delinquenci...
- Svatantra Microfin completes acquisition of Chaitanya India Fin CreditSvatantra Microfin has completed the acquisition of Navi Group's subsidiary, Chaitanya India Fin Credit, making it the second largest NBFC-...
- IDFC First Bank shares rally up to 4%. What's cooking?In Q2, the bank reported a nearly 50 per cent jump in its standalone net profit at Rs 151.74 crore in the quarter ended September 2021. The...
- MFI loan portfolio stood at Rs 2,37,369 crores serving 5.68 crore unique borrowers: Infomerics ReportNBFC-MFIs were the second largest provider of micro-credit with a loan amount outstanding of ₹75021 crores, accounting for 31.61 per cent t...
- Expect micro finance to be 30% or below of overall business, by March-end: HKN Raghavan"The demonetisation effect is stabilised, it is a kind of plateau compared to last quarter to this quarter," HKN Raghavan said
- UP farm loan waiver setting a bad precedent: PH Ravikumar, Bharat Financial InclusionLoan waiver theme has been playing out now for over three months and once can see impact on balance sheets of NBFCs, MFIs and banks, says R...
- IndusInd Bank likely to merge Bharat Financial with itself: SourcesIndusind bank has been trying to grow the MFI book since last 5 years and the MFI book stands at nearly Rs 3,000cr, which forms about 2.5-3...
- We welcome the probe into violations of RBI guidelines by MFIs: MR Rao, MD & CEO, Bharat FinancialAndhra Pradesh situation was where the government came up with an act which prevented us from engaging the customer at the field level, sai...
- Budget 2012: Microfinance Bill will help SKS recover Rs 800 cr in Andhra PradeshSKS said it will be able to collect up to Rs 800 crore from Andhra Pradesh loan portfolio if the Microfinance Bill is passed
- SKS Micro securitises Rs 243 cr of receivablesThe news gave a fillip to the stock of SKS and pushed it up nearly 10 per cent to the upper circuit at Rs 98.20 on Bombay Stock exchange to...
- Way Forward for MicrofinanceMFIs must focus on livelihood, extending their partial use of social capital to access more funds and ideas.
- Malegam committee report; SKS stock up 13%Shares of SKS Microfinance today advanced by 13 per cent in the morning trade on the Bombay Stock Exchange.
- IFC offers 160-cr lifeline to microfin co BandhanThe details of the stake purchase would be decided at a board meeting on February 17, according to a senior executive at the company.
- SKS Microfinance falls 20% over loan recovery worryThe latest crash has wiped out half the wealth it had created during its peak two months ago when trouble began for it with the sacking of ...
- Microfinance: What's wrong with itIt isn't just the microfinance institutions that are to blame for the current crisis in the sector in Andhra Pradesh. The malaise runs deep...
- MFI's to play a significant role in credit delivery to the poorIf the RBI governor's remarks are any indication, MFIs here are going to play an significant role in credit delivery to the poor in the reg...
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