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MFI LOAN DISBURSEMENTS
Inflationary pressures, reduction in discretionary cash flows may impact collection of MFIs: ReportMicrofinance borrowers' repayment behavior may face challenges from inflation and reduced household cash, though the West Asia conflict has...- IDFC First Bank receives Rs 514.82 crore insurance payout on microfinance defaults, expects full provision write-backIDFC First Bank has successfully secured a substantial allocation of over Rs 500 crore from the Credit Guarantee Fund for Micro Units. This...
- Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
- Equitas Small Finance Bank shares rally 7% on 5-fold jump in Q4 profit to Rs 213 croreEquitas Small Finance Bank shares saw a significant 7% rise. This surge followed the bank's announcement of a substantial 406% increase in ...
- 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...
- Bengal's average loan outstanding per borrower highest among top ten states: Microfinance industry bodyThe number of loans disbursed also saw an increase during the financial year 2021-22, indicting a continued growth of the microfinance port...
- MFI borrowers to benefit from ex-gratia payment of interest schemeRoughly, around Rs 300 crore will flow in as a relief to the MFI borrowers due to the order on an aggregate loan of Rs 60,000 crore, Microf...
- East India leads with 40% microfinance businessThese four states account for about 40 per cent of the total MFI loan book.
- NBFC-MFIs post over 50 per cent year-on-year growth in Q1 FY19Overall microfinance industry has grown by 39 per cent year-on-year in April-June quarter of the fiscal and total size of the microfinance ...
- CreditAccess Grameen IPO subscribed 37% on Day 2The issue received bids for 50,76,330 shares against the issue of 1,88,29,684.
- CreditAccess Grameen IPO kicks off; should you give it a miss?At the upper price band of Rs 422, the issue is valued at 2.9 times post issue book value.
- Bharat Financial looks to reduce cost with digital loan processing systemThe roll-out of the technology relies on a three-step process -- Aadhar-based and online customer documentation process, credit bureau auth...
- Demonetisation may slow MFIs’ disbursement rateHowever, MFIs may not be comfortable maintaining high disbursement levels at a time when their collections come under pressure.
- MFIs' gross loan growth soars 69 per cent to Rs 42,106 crore in Q1MFIs saw a healthy 69 per cent growth in their gross loan portfolio at Rs 42,106 crore in the April-June quarter compared to that in the sa...
- Microfin companies will soon have up to Rs 450 crore more to lendThe ADB guarantee was designed with the objective of partnering with financial institutions that actively lend to MFIs in ADB’s member coun...
- Janalakshmi Financial Services launches financial advisory service JanaOneJanaOne will provide financial advisory services, such as savings and pension plans, to existing Janalakshmi customers.
- RBI notifies separate NBFC category for MFIsRBI approved creation of a separate category of non-banking financial companies for the MFI sector and specified that such institutions nee...
- SIDBI to disburse Rs 1k cr to MFI sector this fiscalSIDBI plans to disburse around Rs 1,000 crore in credit to microfinance institutions (MFIs) during 2011-12, which is 19% more than the loan...
- Bengal MFIs make distress call to banksFacing a shortage of lendable resources, microfinance institutions in West Bengal have huddled together and are desperately trying to convi...
- Rising fee income strengthens MFIs’ loan bookMicrofinance institutions (MFIs) can function better as loan facilitators rather than being loan providers, according to a study by Crisil.
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