Microfinance sector sees equity, borrowing and loan book shrink in FY25NBFC-MFIs saw their equity shrink 1.8% and debt funding drop 36% in FY25 amid tightened lending by banks and investors. Loan portfolios als...
MFIN tightens underwriting guidelines for lenders amid over-indebtedness concernsMFIN has tightened loan underwriting guidelines to address borrower over-indebtedness. Uniform treatment measures will help lenders with a ...
NBFC-MFIs largest provider of micro-credit: ReportNBFC-MFIs and scheduled banks dominate micro-credit disbursal in India, with NBFC-MFIs leading. The gross loan portfolio for micro-credit r...
MFI portfolio touches Rs 4 lakh crore across IndiaMicro-finance Institutions portfolio has touched almost Rs four lakh crore during the third quarter of the current financial year, accordin...
Microfinance loan portfolio stands at Rs 3.76 lakh cr at end of FY'24 Q2: Industry bodyAccording to the report prepared by Microfinance Institutions Network (MFIN), a self-regulatory body of the NBFC-MFIs, microloan disbursals...
NBFC-MFIs largest provider of microfinance: ReportAccording to the report, the MFI sector has immense growth potential with the market size estimated by MFIN to be around Rs 13 lakh crore d...
Outstanding microfinance loan portfolio to rise 20.3 pc in FY23 in India: MFINDuring the last fiscal, the total outstanding of the MFI sector was Rs 2.7 lakh crore, and the sector had created around 1.32 crore jobs in...
NBFC-MFIs to begin fresh lending only after expiry of moratoriumThe total estimated collective disbursements by NBFC-MFIs up to September could merely be Rs 2,884 crore, Microfinance Institutions Network...
Muthoot Finance shares zoom 18% after Q4 earningsMFIN on Wednesday reported a 52.4 per cent jump in consolidated net profit at Rs 835.78 crore in the last quarter of the fiscal ended March...
MFIs reporting loan data daily to prevent defaultMFIs are moving to daily reporting of loan data to credit information cos to prevent defaults.
Microfinance GLP jumps 48% to Rs 2 lakh cr in Sept quarterIn the second quarter ended September 2019, the total number of microfinance loan accounts were at 9.79 crore as compared to 7.43 crore acc...
Microfinance industry posts 38 per cent growth in 2018-19The total number of microfinance accounts was 9.33 crore at the end of March 2019, showing a growth of 21.9 per cent, said Microfinance Ins...
Microfinance Industry up 53% in Q3: MFIN ReportThe aggregate gross loan portfolio of microfinance institutions stood at Rs 56,634 crore in Q3 FY17 as compared to Rs 36,912 crore in Q3 FY...
MFIN plans more checks and balances to ward off any possible dangerAccording to initial estimates by MFIN, the sector has seen about 60% growth this fiscal, almost similar to what it had witnessed the fisca...
- Andhra Pradesh remains the troubled child for microfinance sector
MicroMeter presented by the association of microfinance non-banking finance companies MFIN shows that the write-offs by MFIs outside AP has...
- Icra places Mannapuram debt instruments onwatch
Icra has placed on watch with developing implications -debt instruments raised by MFIN; follows RBI's observations with respect to acceptan...
- MFIN forms panel to probe MFIs
A statement on Thursday by MFIN, an association of for-profit microlenders, said that based on the study's findings, disciplinary action co...