Searched for
MFI PORTFOLIO RISKS
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 ...
Over-leveraged borrowers put Rs 15,800 crore microfinance portfolio at riskMicrofinance has become a double-edged sword, with substantial debt levels amassing to about ₹15,800 crore among borrowers juggling multipl...
ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
Gold ETFs shine amid rising geopolitical tensions and strong gold price rally: ICRA AnalyticsGold ETFs have seen a sharp rise in investor preference amid geopolitical tensions and a strong rally in gold prices, ICRA Analytics said. ...
L&T Finance, Utkarsh SFB, Fusion Finance tank up to 11% as Bihar passes MFI Bill 2026. Here’s what’s causing painShares of microfinance-linked lenders fell sharply after Bihar passed a bill tightening regulations on MFIs. While the move may have limite...
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...
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...
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...
Buy Mannapuram Finance, target price Rs 170: Arihant CapitalAccording to the brokerage, there is minimal asset quality risk in Manappuram's business as gold loan has a huge share in the total loan po...
East India leads with 40% microfinance businessThese four states account for about 40 per cent of the total MFI loan book.
Satin raises $30 mn in bonds from Netherland's FMOThe MFI has a portfolio of Rs 5,561 crore at the end of September, which grew 39 per cent year on year.
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.
Arohan Financial Services raises Rs 60 crore from private equity firm Tano CapitalThe Kolkata-headquartered MFI will use the proceeds to expand its presence across the country as well as increase its gross outstanding loa...
- Sidbi lends Rs 100 crore to SKS Microfinance with strings attached
Sidbi has put a condition that the troubled MFI will have to use the resource for on-lending to the poor outside Andhra, and especially in ...
- Microfinance firm Bandhan Financial Services to sell Rs 500-cr farm loans to IDBI
Microfinance company Bandhan Financial Services plans to sell Rs 500 crore worth of farm loans to IDBI Bank in what would be the biggest se...
- Bandhan Securitises sells loans worth Rs 410 cr
This will free up resources for Bandhan for future lending and will help banks meet their priority sector lending commitments.
- SKS Microfinance completes Rs 550-cr deal with two banks; stock up
SKS Microfinance - the largest microfinance institution in the country - has completed another deal worth Rs 550 crore with two banks.
- SKS betters strike rate with Rs 550-cr deal
SKS Microfinance - the largest microfinance institution in the country - has completed another deal worth Rs 550 crore with two banks.
- Crisil to assess regulatory impact on MFI sector
Ratings firm Crisil has started monitoring the form and extent to which regulatory developments will be implemented in the microfinance sec...