Rise in long term delinquencies show persistent repayment challenges in microfinanceA recent CRIF High Mark report reveals a mixed bag for India's microfinance sector. While early-stage delinquencies have slightly improved,...
26 May, 2025, 06.07 PM IST
Microfin in major crisis with near-2x NPA surge; Joint-liability lending model on shaky groundIndia's microfinance sector is facing a severe crisis as delinquency rates have surged, with gross NPAs reaching 16% in FY25. This rise has...
30 Apr, 2025, 09.05 AM IST
New microfinance guardrails from June 1 while Tamil Nadu plans to regulate recovery operationsSa-Dhan has tightened microfinance regulations amid rising asset quality concerns, particularly with potential disruptions in Tamil Nadu du...
28 Apr, 2025, 02.10 PM IST
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...
12 Feb, 2025, 08.57 PM IST
Karnataka governor clears ordinance to curb coercive micro-loan recoveriesGovernor Thaawarchand Gehlot approved the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025. The ordinan...
12 Feb, 2025, 05.44 PM IST
Karnataka government sends microfinance ordinance back to Governor with explanationsThe Karnataka government has re-sent an ordinance to the Governor for assent, aimed at protecting borrowers from harassment by microfinance...
10 Feb, 2025, 10.31 PM IST
Karnataka: Officials panel to vet MFI Ordinance draft to strengthen proposed lawA high-level meeting led by Chief Minister Siddaramaiah has decided to form a group of senior finance and law officers to review a draft Or...
30 Jan, 2025, 08.11 PM IST
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
Siddaramaiah talks tough on MFIs employing goondas to recover loansThe State Government has decided to take strict action against micro-finance institutions (MFIs) demanding high interest rates and harassin...
26 Jan, 2025, 03.36 PM IST
Will amend law to rein in microfinance companies: Karnataka CM SiddaramaiahKarnataka Chief Minister Siddaramaiah has announced the state's decision to amend existing money lending laws and introduce new legislation...
25 Jan, 2025, 02.48 PM IST
Karnataka govt mulls stringent laws to regulate microfinance companiesThe Karnataka government plans to enact tougher laws to control microfinance companies amid reports of loan recovery agent harassment leadi...
24 Jan, 2025, 05.21 PM IST
NBFC-MFIs outpace microfinance industry growth, banks falterNon-banking finance companies-microfinance institutions (NBFC-MFIs) in India have seen a 43% year-on-year growth, allowing them to increase...
09 Oct, 2023, 12.19 PM IST
Jindal family's daughter-in-law in microfinance forayThis makes Svamaan the second microfinance venture after Ananya Birla promoted Svatantra Microfin where family fortune of large corporate h...
22 Jan, 2019, 04.36 PM IST
Kedaara in talks to buy up to 30% in Madura MicroAvendus Capital has been mandated to run a formal process, sources said. The funds would be used for expanding the loan book and widening r...
06 May, 2016, 03.02 AM IST
- 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.
30 Mar, 2011, 10.18 AM IST
- 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.
30 Mar, 2011, 02.26 AM IST
- ‘Catamaran’s investment in SKS was to help poor’
Mr Narayana Murthy, founder of Infosys Technologies, whose Catamaran fund bought shares in SKS Microfinance ahead of the initial public off...
27 Oct, 2010, 12.00 AM IST