Microfinance stress under control, deposit rates likely to remain unchanged: V Vaidyanathan, IDFC First BankIDFC First Bank will not raise deposit rates soon after recent cuts. The bank is focusing on growth in mortgage, vehicle, and consumer loan...
27 Apr, 2026, 05.45 AM IST
As costs remain high, MFIs raise ratesMicrofinance lending rates are rising for the poorest borrowers. This is happening despite a government credit guarantee scheme designed to...
20 Apr, 2026, 01.01 AM IST
CreditAccess Grameen looks to scale down microfinance growth, says MD & CEO Ganesh NarayananCreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to becom...
12 Apr, 2026, 07.24 PM IST
Keep your interest rate reasonable: DFS Secretary to MFIsFinancial Services Secretary M Nagaraju has called on microfinance institutions to keep interest rates reasonable. This move aims to boost ...
13 Nov, 2025, 03.58 PM IST
Asset quality stress in MFI sector expected to persist in H1 FY26: ReportAsset quality stress in the NBFC-MFI sector surged in FY2025 due to borrower overleveraging, sociopolitical disruptions, and operational ch...
15 Jul, 2025, 09.57 PM IST
IDFC First Bank shares slide 4% on posting 58% YoY decline in Q4 profit. Should you buy, sell or hold?IDFC First Bank's shares are under scrutiny following a 58% YoY drop in Q4 net profit, attributed to a decline in its microfinance loan por...
28 Apr, 2025, 09.53 AM IST
MFIs seeks govt support to tide over challengesMicrofinance institutions are asking for dedicated funding and government support to tackle challenges. They highlight the need to address ...
08 Jan, 2025, 07.59 PM IST
Stress in microfinance sector doubles in April to September 2024: RBIAsset quality stress in the microfinance sector doubled from April to September 2024, with loans overdue increasing from 2.15% to 4.30%. Bo...
30 Dec, 2024, 05.49 PM IST
Defaults coming back to bite, banks rein in growth of unsecured creditSeveral lenders said that they now prefer offering loans to customers with credit scores of more than 750 from a cap of 720 seen prior to t...
12 Nov, 2024, 12.41 AM IST
Microfinance loans continue to weigh on banksIndian lenders such as Kotak Mahindra Bank, IndusInd Bank, IDFC First Bank, and RBL Bank foresee ongoing asset quality issues in the microf...
30 Oct, 2024, 12.27 AM IST
Reduce AU Small Finance Bank, target price Rs 590: HDFC SecuritiesHDFC Securities advises a 'reduce' call on AU Small Finance Bank with a target price of Rs 590, citing elevated credit costs and medium-ter...
28 Oct, 2024, 09.11 AM IST
Stress in some MFIs does not warrant regulatory action: Senior RBI officialThe Reserve Bank of India reassures there is no systemic risk in the microfinance sector despite recent stress. Senior officials highlighte...
29 Aug, 2024, 10.01 PM IST
Sectoral dynamics to help microfinance scrips: 5 stocks with up to 26% upside potentialAn improvement in economic activity, rising credit demand, diversification of loan mix and attractive valuations are likely to drive the pe...
03 Jul, 2023, 06.30 AM IST
CreditAccess Grameen gets into expansion mode“Time has come to take a position for the future,” managing director Udaya Kumar Hebbar told ET in an interview. “How long can we hold back...
06 Sep, 2021, 08.16 PM IST
Microfinance companies plan to create common pool of assets for securitisationSecuritisation is a process of pooling loan receivables and selling their related cash flows to third party investors as securities.
03 Nov, 2018, 04.29 PM IST
MFIs plan to create common pool of assets for securtisationThe common pool, essentially by smaller MFIs, is aimed at creating economies of scale and making it easier for banks to buy it.
02 Nov, 2018, 10.18 PM IST
- Economic Survey: Opaque MFI contracts can lead to sort of sub-prime crisis
Stressing on transparency more than capping of interest rates, the pre-budget Economic Survey on Friday asked the government to take steps ...
25 Feb, 2011, 03.42 PM IST