RBI's microfinance move: Tightening the reins while easing the credit squeezeRBI has relaxed risk weights in banks' microfinance lending, indicating confidence in the effectiveness of earlier restrictions. With non-p...
27 Feb, 2025, 11.02 PM IST
Microfinance sector tightens lending norms to address asset quality stressThe Microfinance Institutions Network (MFIN) is tightening lending norms for its members to address rising bad loans. These changes include...
25 Nov, 2024, 05.03 PM IST
Bank credit to microfinance borrowers falls by a thirdLoan disbursal to microfinance borrowers decreased by 29% in the second quarter. Banks reduced lending more than non-bank lenders. The micr...
16 Nov, 2024, 09.34 AM IST
Microfinance sees 29% fall in Q2 loan delivery as lenders avert risksLoan disbursal to microfinance borrowers decreased by nearly a third in the second quarter. Banks reduced lending more than non-bank lender...
14 Nov, 2024, 10.57 PM IST
Microfinance institutions in Karnataka show 10% portfolio growthMicrofinance Institutions (MFI) in Karnataka have a loan portfolio of Rs 46,000 crore, with a 10% year-on-year growth, according to a repor...
12 Sep, 2023, 08.05 PM IST
Finance for the low-income customers: How can the financial industry better serve them?The rapid growth of the sector has been catalysed by forward looking regulations by the Reserve Bank of India (RBI) and the development of ...
28 Apr, 2023, 02.53 PM IST
NBFC-MFIs group overtakes banks in microfinance lendingThe portfolio size of NBFC-MFIs has grown nearly 7% quarter-on-quarter to Rs 101678 crore at the end of September, which is 37.53% of the t...
14 Dec, 2022, 06.30 AM IST
Microfinance industry recovered faster post second wave of Covid: StudyMicrofinance Industry disbursed loans worth Rs 66,681 crore during July-Sept 2021 quarter registering a robust Y-o-Y growth of 96% by value...
14 Feb, 2022, 02.28 PM IST
RBI paper on uniform microfinance rule likely next weekIn the last monetary policy, RBI had said that a consultative document harmonising the regulatory frameworks for NBFC-MFIs, banks, small fi...
17 Mar, 2021, 02.03 PM IST
RBI may bring uniform regulation for all microfinance lendersWhile RBI did not specify anything more, captains of the microfinance sectors expect the activity-based regulation to replace the current f...
05 Feb, 2021, 03.19 PM IST
Room for strong growth for microfinance in India: KPMG"Microfinance is growing at 48 per cent CAGR in the last five years, there is still room for growth given that microfinance penetration is ...
19 Dec, 2019, 11.17 AM IST
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...
16 Feb, 2017, 04.24 PM IST
Financial inclusion in focus, but bank loans to micro sector fall 5.5%Micro credit involves very small loans of up to Rs 25,000 to poor borrowers, who lack collateral and steady employment.
17 Mar, 2015, 01.46 PM IST
Microfinance sector likely to grow at 24% over 5 years: ReportCredit checks of borrowers with agencies like Equifax and Highmark, in line with the Reserve Bank guidelines issued in FY12, would also con...
30 Jan, 2015, 09.43 PM IST
MFIs urge RBI to revisit margin capMFIN has asked the RBI to keep the rates capped at 12 per cent, or bring it down to 10 per cent in a phased manner over the next two years.
22 Nov, 2012, 07.43 AM IST
- SKS securitises Rs 354 cr from public lender
Under the pool securitisation, bundling micro loans made to borrowers like micro-entrepreneurs are sold to investors such as banks to raise...
27 Feb, 2012, 12.06 PM IST
- Going grameen in a typical micro-Indian way
The year 2010 was not good for Microfinance Institutions (MFIs). They entered the year on a high. Growth rates were dizzying. Players were ...
31 Dec, 2010, 03.38 AM IST