RBI to conduct first auction under TLTRO 2.0 for Rs 25,000 crore on April 23The TLTRO 2.0 window of Rs 50,000 crore was announced by RBI Governor Shaktikanta Das earlier in the day.
Net interest margins of MFIs to face pressure: KPMGKPMG said the MFI sectors awaited parity in terms of restrictions related to lending.
UP farm loan waiver setting a bad precedent: PH Ravikumar, Bharat Financial InclusionLoan waiver theme has been playing out now for over three months and once can see impact on balance sheets of NBFCs, MFIs and banks, says R...
Crisis looms over south’s microfinance sectorThere are repayment concerns also in some smaller pockets of Tamil Nadu, said sources.
Fresh trouble for MFIs as drought-hit Karnataka sees no repayment of loansAs many as 20 NBFC-MFIs, including all the large ones, operate in Karnataka, which is otherwise a mature market for microfinance activity.
RBI removes 26% interest rate cap on MFI loansReserve Bank of India has removed the 26% interest rate cap on loans given by microfinance institutions regulated by it.
MFI delinquencies down 33% in last 6 months: EquifaxMicro-lenders in the country have witnessed a 33% improvement in delinquency by number of accounts, credit information company Equifax said...
Startups flourish with technology services for micro finance firmsA new wave of start-up companies is building technology enabled services aimed at bridging the communication gap between borrowers and lend...
- Microfinance companies needs stable regulation to survive: Fitch
Fitch Rating's report stresses on the need for a single regulatory authority instead of multiple regulatory bodies monitoring the industry.
The way forward for microfinanceMicrofinance institutions need to go beyond their existing business model and plan specific interventions based on the propensity of househ...
- Malegam committee report; SKS stock up 13%
Shares of SKS Microfinance today advanced by 13 per cent in the morning trade on the Bombay Stock Exchange.
- IFC offers 160-cr lifeline to microfin co Bandhan
The details of the stake purchase would be decided at a board meeting on February 17, according to a senior executive at the company.
- 'MFIs will be dead by Jan 1 unless banks release fresh funds'
Microfinance lending activities across the country will be "dead, absolutely" by January 1 unless banks release fresh credit to the cash-st...
'For-profit MFIs worse than money lenders'Former RBI Guv YV Reddy blows the whistle on lenders who exploit system in the name of financial inclusion.
- 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...
- MFI's to play a significant role in credit delivery to the poor
If the RBI governor's remarks are any indication, MFIs here are going to play an significant role in credit delivery to the poor in the reg...
- Rising borrowing costs leave microfin cos in a spot
For microfinance institutions (MFIs), bad news is coming in threes. First, the Reserve Bank of India (RBI) hiked capital requirement. This ...