Searched for
MFIS MICROFINANCE INSTITUTIONS
Risks cloud hover over microfinanceThe Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...
Credit guarantee scheme for MFI 2.0 gets extensionThe Credit Guarantee Scheme for Microfinance Institutions-2.0 has been extended. This extension will last until August or until guarantees ...
Govt extends validity of Credit Guarantee Scheme for Microfinance Institutions upto August 31The Finance Ministry has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 until August 31, 2026, or until Rs 20,000 c...
Credit guarantee scheme for MFIs still stuck in low gearBanks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...
Microfinance NPAs may edge up in FY27 as write-off practices normalise: CareEdgeForecasts for FY27 suggest a modest rise in bad loans for microfinance institutions, a development stemming from the adjustments following ...
Non-banks increase microfinance share amid muted demandThe overall microfinance gross loan portfolio stood at ₹3.34 lakh crore at the end of April, down from ₹3.39 lakh crore a month ago, said t...
MFIs bounce back after 7 quarters of contraction and write-offsIndia's microfinance sector shows a strong rebound. The loan portfolio expanded significantly in the March quarter. This marks a recovery a...
Microfinance sector returns to growth after 11 quarters of contraction, loan portfolio rises 5.3%The microfinance sector has turned a corner, showing growth in the January-March period. This follows a period of contraction and write-off...
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...
Credit guarantee scheme unlikely to benefit lower rated MFIsA new credit guarantee scheme aims to boost lending to microfinance firms. However, banks remain cautious. They will prioritize financially...
Government unveils Rs 20000 crore credit guarantee plan for MFIsThe government has announced an ambitious Rs 20,000 crore credit guarantee scheme targeting microfinance institutions, a lifeline for those...
Microfin lenders mull dedicated special-purpose funding bodyMicrofinance lenders in India are considering setting up a dedicated funding institution to provide a consistent stream of long-term financ...
Indian microfinance sector seeks a dedicated funding institution in line with Bangladesh modelThe small and medium-sized microfinance lenders more than often struggle to mobilise funds while banks are generally more liberal in openin...
Do away with GST on services by microfinance companies: Industry's Budget wish-listHighlighting the key demands, Sa-Dhan Executive Director P Satish said, "MFIs (microfinance institutions) offer different services to the m...
- HC dismisses petitions against AP MFI Act, state unlikely to repeal Act
The AP state High Court on Monday dismissed MFIs' petitions challenging the AP Microfinance Act.
Commercial MFIs can make markets work for the poorThe role of fully-commercial, profit-seeking institutions in providing such microfinance loans remains controversial.
- Fund-starved microfin cos get $8-m Grameen Foundation lifeline
The foundation’s financial guarantee may prompt reluctant banks to extend loans.
- Cheaper funding sources can help reduce microfin int rates
India's microfinance veterans have said that cheaper sources of funding can further bring down the rates charged by microfinance institutio...
- After Andhra ordinance, Centre may frame policy to regulate MFIs
The Andhra Pradesh government issued the controversial ordinance to regulate microfinance institutions despite the central government’s ple...
- Foreign investors dial microfinance in India
About 15 international and national investors will set up shop at the conference to interact with the MFIs, scheduled next week.