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KARNATAKA MFI ORDINANCE
Inflationary pressures, reduction in discretionary cash flows may impact collection of MFIs: ReportMicrofinance borrowers' repayment behavior may face challenges from inflation and reduced household cash, though the West Asia conflict has...
MFIN seeks credit guarantee support from government to boost bank lending to sectorMicrofinance Industry Network (MFIN) is urging the government for credit guarantee support to encourage banks to lend to the sector, facing...
TN, Karnataka ordinances to hinder microfinance institutions' recovery; poll-bound Bihar under watch: CrisilCrisil Ratings anticipates that Indian microlenders will likely remain unprofitable until the fiscal year's end, citing challenges from sta...
RBL Bank aims to widen interest margin from retail assets; to start commercial vehicle finance in 3 monthsRBL Bank plans to boost its net interest margins. The bank will focus on higher-yielding retail assets. It will launch commercial vehicle a...
Liquidity abundant, but regulatory curbs holding back NBFC growth ambitions: Shweta DaptardarGoing forward the larger, the bigger picture is while the liquidity has been strong in the system, and we are in a downward interest rate r...
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...
Microfinance recovery at least 2 quarters away; Q4 going to be tough for NBFCs, MFIs: Shweta DaptardarElara Capital's Shweta Daptardar indicates the microfinance sector still faces challenges, with recovery expected to take at least two more...
NBFC results may reflect lingering microfinance stressAlthough credit trends in segments like unsecured personal loan and credit card are plateauing because a large pool of stressed loans are r...
NBFC sector strengthens with RBIs positive stance and rate cut support for growth: JefferiesNon-Banking Financial Companies (NBFCs) are seeing improvements in asset quality, liquidity, and interest margins due to RBI's supportive m...
MFI loan defaults rise a tad in Karnataka, but trend is better: CreditAccess GrameenCreditAccess Grameen reported a rise in the default ratio for microloans in Karnataka after the state introduced an ordinance to regulate m...
Default ratio in micro loans rises following Karnataka's new ordinanceDefault ratio in micro loans increased in Karnataka following the promulgation of an Ordinance to regulate microfinance activities, as repo...
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...
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...
Micro Finance: Karnataka Governor returns Ordinance, questions its need when there are other lawsGovernor Thaawarchand Gehlot returned the Karnataka Micro and Small Loan Ordinance, 2025, to the state government for clarification on six ...
Karnataka: MFI Ordinance proposes 10-year jail for coercive recovery of loansThe proposed micro-finance ordinance aims to impose hefty fines and lengthy jail terms on micro-finance institution executives who use coer...
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...
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...
It all began with a few defaults. Then, suddenly it was full-scale microfinance mayhem in AssamLenders are now reacting the typical way — slowing down loan disbursement in the pockets of trouble.
Microfinance troubles back in focus: Blame it on greed alone!The issue of over-indebtedness came back to haunt the industry exactly a decade after the controversial Andhra Pradesh Microfinance Institu...
- Banks turn more receptive to MFIs; UBI sanctions Rs 100 crore loan to Bandhan Financial Services
Of the Rs 30,000 crore MFIs have borrowed from the banking system till date, this is perhaps the most precious Rs 100 crore ever.