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...
06 Mar, 2025, 06.30 PM IST
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...
02 Mar, 2025, 02.28 PM IST
Will amend law to rein in microfinance companies: Karnataka CM SiddaramaiahKarnataka Chief Minister Siddaramaiah has announced the state's decision to amend existing money lending laws and introduce new legislation...
25 Jan, 2025, 02.48 PM IST
Xiaomi to only sell smartphones in India nowThe decision comes at a time when Indian authorities are probing the local unit of the Chinese smartphone company for alleged violation of ...
29 Oct, 2022, 11.15 PM IST
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 ...
04 Apr, 2022, 02.25 PM IST
SBI economists suggest reforms to incentivise regional rural banksLeading Regional Rural Banks (RRBs) are much bigger than most of the SFBs even today, according to a note by Soumya Kanti Ghosh, the group ...
01 Apr, 2022, 05.43 PM IST
NPAs to reduce in Q4, industry loss to be restricted to 5-6% of total microfinance loans, says Bandhan Bank MD Chandra Shekhar GhoshIn an exclusive interview with ET’s Atmadip Ray, Ghosh said that with improving loan recovery, the bank’s profitability would increase beca...
30 Mar, 2022, 07.20 PM IST
The $158-billion hole in financing women-owned SMEsIt is important to adopt gender parity, keep records and train staff and build capabilities within the staff to understand the segment of w...
27 Oct, 2021, 09.29 AM IST
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.
12 Feb, 2020, 01.53 PM IST
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...
12 Feb, 2020, 08.14 AM IST
The next debt crisis: Small borrowers’ big defaultsMicrofinance is showing early signs of loans going bad en masse. And the problem is complicated by aggressive strategies of larger lenders.
06 Feb, 2020, 03.12 PM IST
Microfinance industry loan portfolio grew by 9% to Rs 63,081 cr: ReportSa-Dhan, an association of microfinance institutions, in its report said Karnataka, Bihar, West Bengal, Uttar Pradesh and Odisha were the t...
31 Dec, 2018, 04.10 PM IST
Home, vehicle loans save the day for NBFCsMotilal Oswal predicts 44% profit growth for Bajaj Finance.
17 Apr, 2017, 11.06 AM IST
Ten stocks in focus in Thursday morning tradeIndian markets are likely to trade in a range. Here is a list of ten stocks which are likely to be in focus in trade today.
06 Feb, 2014, 08.03 AM IST
Sahara Group’s woes, strict Andhra rules force micro lenders to focus on Uttar PradeshUttar Pradesh seems to be the new Mecca for microfinance, with Andhra Pradesh having abdicated that role thanks to a tough law in 2010.
26 Oct, 2013, 08.01 AM IST
Farmers and their Sisyphean taskTo blame rising farmer suicides on factors such as indebtedness and liberalisation misses a major part of the story, but ad hoc solutions o...
13 Jan, 2011, 05.05 AM IST
- Quest for fast growth lands India's microfinance institutions in soup
The quest for fast growth has landed india’s microfinance institutions in the soup. ET’s M Rajshekhar decodes the crisis and looks at the w...
08 Mar, 2010, 03.56 AM IST