Regional curbs dampen microfin revival in South India as biz looks upTamil Nadu saw a 2.3% quarter-on-quarter squeeze in the state's microfinance outstanding portfolio to Rs 38,900 cr at the end of March, whi...
Gold loans rise 50% to Rs 19 lakh crore in FY26Gold jewellery loans have seen a massive 50 percent jump year-on-year, reaching ₹19 lakh crore. This makes it the fastest growing retail lo...
Car, two-wheeler loan originations fall in Q4 after GST-cut; gold loans zoom: ReportAuto and two-wheeler loan originations saw a significant drop in Q4 FY26 after a December quarter surge, with auto loans declining 11.6% an...
Over-leveraged borrowers put Rs 15,800 crore microfinance portfolio at riskMicrofinance has become a double-edged sword, with substantial debt levels amassing to about ₹15,800 crore among borrowers juggling multipl...
Gold loans power Small Finance Banks' growth as microfinance asset quality weakensSmall Finance Banks are shifting focus to secured loans like gold loans. This move aims to stabilize their financial health and earnings. T...
First-time borrowers climb to 4.4 crore despite tighter lending norms: ReportIndia's new borrowers have reached 4.4 crore, boosting credit growth and financial inclusion. Lenders are more selective, yet this segment ...
How secured loans can open new doors to credit-based growth for MSMEsSecured loans offer MSMEs a pathway into the formal credit system, eliminating the need for years of audited financials or a long operation...
A loan you never took; How PAN fraud is wrecking credit scores in India and what you should do to protect yourselfIndians are facing a new threat: PAN-based loan fraud. Criminals are using stolen PAN details to take out loans without consent. This is da...
Gold loan delinquency rates send red signalBorrowers with more than ₹2.5 lakh outstanding showed a delinquency rate of 1.5% at the end of December, about 2.2x higher than those with ...
An integrated view on promoter as well as business to help in assessing lending risk to MSMEsCRIF is offering integrated credit information services to help MSMEs access formal credit, addressing the Rs 30 lakh crore credit gap. By ...
Microfinance portfolio rose 26 per cent in FY2023-24: ReportThe Microfinance sector's portfolio outstanding reached Rs 442.7k crore, rising 26.8% in FY' 2023-24. Personal loans grew the second fastes...
Microfinance lenders have written off Rs 26,000 crore of sticky loans after Covid: ReportLenders write off bad loans after making full provisions against them after a certain time period. Some lenders do it after 270 days past d...
NBFC-MFIs dominate microfinance market, says new reportIt said that NBFC-MFIs surpassed banks by a thin margin. Banks as a group controls 34.8% of the market, in which lenders provide micro loan...
Rural, women and young two wheeler borrowers on the rise: ReportTwo wheeler loans rose 13.5 percent from FY21 to FY22 and 8 percent from June 2021 to June 2022.
Mahindra Finance partners with CRIF to enhance customer onboarding experienceThrough this association, Mahindra Finance would now leverage an automated decisioning platform StrategyOne – A Forrester rated Enterprise ...
MFI portfolio rose 8.4 per cent in FY'21: ReportThe sector was hit as borrowers-generally small sized loans from the bottom of the pyramid were adversely impacted in their ability to repa...
Crif Highmark ties up with CreditVidyaThe partnership between CRIF High Mark and CreditVidya envisages value added reports even if a customer has taken a loan or a credit card i...