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NPAS IN MICROFINANCE
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 ...
- Retail loan stress is the new growth driver for ARCsDuring 2025-26, ARCs acquired stressed debt worth more than Rs 2 lakh cr, comprising Rs 1.5 lakh cr of corporate loans and Rs 50,000 cr of ...
- IndusInd Bank Q4 Results: Lender reports profit of Rs 533 cr vs loss year ago; declares Rs 1.5/share final dividendIndusInd Bank Q4 Results: IndusInd Bank has announced a significant turnaround, posting a standalone net profit of Rs 533 crore in the four...
- Betting on large banks, cautious on housing finance and microfinance; watch guidance in FMCG: Sandip SabharwalEarnings season is here. Sandip Sabharwal sees banks as a strong sector. He prefers large private banks due to asset quality. IT is steady ...
- NBFCs doing well, but Iran war, margins cloud road aheadNon-banking finance companies anticipate strong growth in the upcoming quarter. However, rising funding costs may limit profit margins. Ana...
- Bandhan Bank sells Rs 3,212 crore microfinance bad loans to ARCILBandhan Bank has sold a ₹3,212 crore microfinance non-performing loan portfolio to ARCIL for ₹578 crore. This sale followed a Swiss Challen...
- No proposal for relief to microfinance sector due to NPAsMicrofinance credit stress is emerging this financial year due to RBI's preventive measures to manage risks, according to Finance Minister ...
- 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...
- Bad to worse: Microfinance sector NPAs hit ₹50,000 crore at the end of December last yearNon-performing assets in the microfinance sector soared to ₹50,000 cr at the end of December, reaching a 13% ratio of gross loans. The sect...
- Assam cabinet approves Category-III of microfinance incentive and relief scheme, extends MoU with 37 lendersAssam cabinet approved third category of the Assam Microfinance Incentive and Relief Scheme (AMFIRS), 2021. This include microfinance borro...
- More pain for microfinance sector, sticky loans jump to all time high of Rs 42,300 crDespite a sizeable sheet cleansing by large microfinance institutions (NBFC-MFIs) and small finance banks in the third quarter of this fisc...
- Microfin NPAs hit all-time high of Rs 36.5K croreThe sectoral gross NPA ratio was around 10% while the PAR 30+ ratio was 17.1% as of September 30, 2021. That time, the Reserve Bank of Indi...
- Muthoot Pappachan Group plans Rs 1,800-cr IPO for MFI armThe company is planning to raise Rs 1,200 crore of primary capital, and there can be a small offer for sale by the external investors, but ...
- HFCs likely to post strong loan growth in Q3, other NBFCs may have it tougherHousing finance companies (HFCs) are likely to show strong loan growth, led by demand for homes, while earnings for vehicle finance compani...
- RBL Bank Q2 results: Net profit falls 78% Rs 31 croreNet profit fell to Rs 31 crore in the quarter ended September 2021 from Rs 144 crore a year ago largely due to a 5 per cent shrinkage in re...
- Took conservative approach while phasing out NPAs: VP Nandakumar, Manappuram Finance"In microfinance we have provided adequately and we have been very conservative with the write off after 180 days."
- IndusInd Bank Q1 profit doubles, sets 16% credit growth targetOther income including fees and commissions increased 18 per cent to Rs 1,788 crores in the quarter ended June 30 from Rs 1,520 crore a yea...
- NBFC profits have been IIFL growth driver: Prabodh AgarwalOverall assets have grown by 40% year-on-year and 8% on quarter-on-quarter., says IIFL group CFO
- Wait and watch SKS Microfinance: Gaurang Shah, Geojit BNP Paribas Financial ServicesInterest rates, if they are squeezed for microfinance business, then the margin gets affected.
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