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KARNATAKA MICROFINANCE BILL
L&T Finance, Utkarsh SFB, Fusion Finance tank up to 11% as Bihar passes MFI Bill 2026. Here’s what’s causing painShares of microfinance-linked lenders fell sharply after Bihar passed a bill tightening regulations on MFIs. While the move may have limite...
Rise in long term delinquencies show persistent repayment challenges in microfinanceA recent CRIF High Mark report reveals a mixed bag for India's microfinance sector. While early-stage delinquencies have slightly improved,...
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...
Equitas Bank Q4 net profit plunges 80% amid rising credit costsEquitas Small Finance Bank’s Q4 profit fell 80% YoY to Rs 42 crore due to higher credit costs and muted earnings. While microfinance slippa...
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...
Karnataka legislature session set to be turbulentThe Karnataka legislature's first session of the new year, beginning Monday, is expected to be contentious due to internal divisions in bot...
Karnataka govt mulls stringent laws to regulate microfinance companiesThe Karnataka government plans to enact tougher laws to control microfinance companies amid reports of loan recovery agent harassment leadi...
How Jaipur-based AU Small Finance Bank plans to plug a $400 billion credit gapIndia’s largest small finance bank has recently bulked up and is now looking to utilise its heft to increase its presence in MSME lending. ...
RBI’s new guidelines to make microfinance strongerUnlike the earlier definition that distinguished between rural and urban, RBI has now set a common household limit of Rs 300,000 for loans ...
Domestic financial woes weigh on key collection metric as consumers unable to meet payment obligationsInstitutional lenders, microfinance companies, public utilities and even chit funds are staring at deficit collections with each passing mo...
Digital payments may not be as pervasive as believed post DeMoCash continues to be the preferred mode of payments… more so in rural India. This may be because digital payments have not reached smaller ...
MFIs looking at risk of rising delinquencies, credit costs amid slow collectionsDemonetisation had slowed the disbursement momentum of micro finance companies, simultaneously raising the spectre of more delinquencies.
Demonetisation: How StoreKing is proving itself the Amazon of rural IndiaWith assisted commerce, a startup named StoreKing is mutating the rural credit model and helping villagers survive on a mix of cash and cre...
- 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.
- From Handset maker to MFs, everyone is banking on Bharat
Financial inclusion is the new buzzword. With RBI charting the path to the unbanked hinterland, private stakeholders, including tech-driven...
- Micro-credit booms as poor look to combat inflation
Inflation is not necessarily a bad word. So it seems for the micro-credit industry if its growth trajectory and first quarter credit offtak...
- Won't community health insurance help?
Amid the Diwali shoppers’ frenzy, two developments - one local and the other global - largely went unnoticed.