Next Cabinet meet to discuss Ordinance to rein in MFI loan recovery methods, says Karnataka CMThe Karnataka CM announced that the next Cabinet meeting will address an ordinance to control unlawful loan recoveries by micro-finance ins...
28 Jan, 2025, 05.30 PM IST
Do not write an obit for Indian Microfinance sector just yetMicrofinance industry has bounced back after every crisis. Similar resilience is expected from the sector post the COVID-19 crisis as well
15 Feb, 2021, 09.49 AM IST
MFIs to start recovering as rural cash flow improves: SBI‘Banks’ risk appetite should align with MSME & SME borrowers’
26 May, 2020, 01.05 PM IST
Microfinance lenders aim at repayment collection, restoring credit cycle amid rising stressMicrofinance leaders fear extended moratorium may increase stress and derail their robust credit discipline.
26 May, 2020, 06.41 AM IST
India's MFIs staring at a cash short fall, rising delinquences:ICRAThough the RBI moratorium is open to micro finance companies these lenders are yet to formally receive moratorium from their lenders.
15 Apr, 2020, 07.48 PM IST
No moratorium from lenders can impact MFIs debt servicing liabilities: ICRAICRA expects the credit costs for microfinance institutions (MFIs) to be at least double from the present levels of 1-1.5 per cent to 2.5-3...
15 Apr, 2020, 07.19 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
It all began with a few defaults. Then, suddenly it was full-scale microfinance mayhem in AssamLenders are now reacting the typical way — slowing down loan disbursement in the pockets of trouble.
12 Feb, 2020, 01.53 PM IST
Microfinance troubles back in focus: Blame it on greed alone!The issue of over-indebtedness came back to haunt the industry exactly a decade after the controversial Andhra Pradesh Microfinance Institu...
12 Feb, 2020, 08.14 AM IST
The next debt crisis: Small borrowers’ big defaultsMicrofinance is showing early signs of loans going bad en masse. And the problem is complicated by aggressive strategies of larger lenders.
06 Feb, 2020, 03.12 PM IST
Beating demonetisation demon: Microfinance companies unscathed by cash crunchWhile Ujjivan on Monday announced a repayment rate of 91% in November, Bharat Financial informed the BSE it had a collection efficiency of ...
06 Dec, 2016, 08.49 AM IST
MFIs say all is well in loan repayment“The ground-level situation has shown sharp improvement from the initial few weeks of November. Borrowers have shown good repayment discipl...
05 Dec, 2016, 07.51 PM IST
Microfinance Institutions Network advises members not to accept Rs 500, Rs 1,000 notesMicro lenders were in dilemma on whether to accept repayment in old high-value currency notes; most companies deferred repayment.
15 Nov, 2016, 07.25 PM IST
'Collection holiday' at MFIs create Rs 500 crore shortfallThe grassroots lenders had to do forego ‘collections’ (collection of debt repayment in instalments) this week, resulting in a shortfall of ...
12 Nov, 2016, 12.44 AM IST
MFIs fear blot on repayment culture if demonitisation woes prolongMFI practitioners told ET that some have come with Rs 2000 notes but yet they can’t accept repayment as they don’t have currencies with sma...
11 Nov, 2016, 08.48 PM IST
- Microfinance: What's wrong with it
It isn't just the microfinance institutions that are to blame for the current crisis in the sector in Andhra Pradesh. The malaise runs deep...
11 Nov, 2010, 11.42 AM IST
- Global investors line up for microfinance pie
Grameen Bank’s success story and the growth of microfinance institutions have captured the imagination of overseas investors of various kin...
25 May, 2007, 03.01 AM IST