Sa-Dhan backs continued microfinance guardrails, suggests RBI steering panelSa-Dhan, a microfinance self-regulator, recommends maintaining lending guardrails for bottom-of-the-pyramid customers. These rules aim to p...
Microfinance sector may face asset quality, profitability pressure beyond FY26: Sa-DhanMicrofinance firms may see ongoing challenges with loan quality and profits even after FY26. A rebound in growth depends on securing suffic...
Microfinance sector introduces new grievance redressal tools for customer protectionSa-Dhan, the RBI-recognized SRO, has launched a toll-free grievance helpline and a comprehensive Client Grievance Redressal Mechanism (CGRM...
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...
Sa-Dhan joins hands with IIBF to develop a certification course in microfinance sectorSa-Dhan has partnered with the Indian Institute of Banking & Finance (IIBF) to create a certification course for job seekers in the microfi...
Heatwave, elections caused a sequential squeeze in India's microfinance sectorFunding constraints and over-heating of credit in some geographies have also dented the growth momentum, microfinance industry association ...
IDFC partners with Sa-Dhan to provide digital microfinance solutions to feature phone users"Digitization in collections in the microfinance sector has been a great challenge as most of the MFI clients do not possess smart phones,"...
NextGen ties up with Sa-Dhan to promote digital paymentsNextGen plans to bring technical solutions like setting up an UPI Auto pay platform for regular EMIs as an auto pay function, riding on the...
Jiji Mammen joins Sa-Dhan following sudden demise of P Satish, HP Singh elected as chairmanSa-Dhan has appointed Jiji Mammen as its executive director & chief executive. Mammen took over the charge from June 17 as the position bec...
MFI body Sa-Dhan writes to FM seeking Rs 7,500 crores towards Credit Guarantee Scheme“We would like to take this opportunity to request you to approve an additional amount of Rs 7500 crores for the Credit Guarantee Scheme fo...
Sa-Dhan seeks government support for its membersIn a letter to finance minister Nirmala Sitharaman, Sa-Dhan has suggested extension of the government's partial credit guarantee scheme for...
Microfinance industry sees 31% rise in loan portfolio at Rs 2.36 lakh crore in FY20: ReportAccording to Sa-Dhan's 'Bharat Microfinance Report 2020', the industry's loan portfolio outstanding as on March 31, 2020, had stood at Rs 2...
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...
Former RBI deputy governor appointed as chairman of MFI panelMembers of the steering committee include Harsh Shrivastava of MFIN, P Satish of Sa-Dhan, Srinivas Bonam of IndusInd Bank and Sonia Krishna...
HSBC in tie-up with Sa-Dhan to develop digital ecosystem for India's unbanked segment“To digitise the microfinance ecosystem, the pilot with HSBC will provide us a path to empower MFI clients," Sa-Dhan ED was quoted as sayin...
Micro lenders staring at Rs 3,000 crore loss due to demonetisationThe finding was part of the Bharat Microfinance Report 2017, released by Sa-Dhan Wednesday.
- MFI apex body wants lenders to cut rates
Sa-Dhan, the apex organisation of micro-finance institutions (MFIs) and self-help groups (SHGs), has suggested moderation of interest rates...