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MICROFINANCE BORROWING 2025
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...
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
IDFC First Bank receives Rs 514.82 crore insurance payout on microfinance defaults, expects full provision write-backIDFC First Bank has successfully secured a substantial allocation of over Rs 500 crore from the Credit Guarantee Fund for Micro Units. This...
Arohan Financial plans to file for IPO within a monthMicrofinance firm Arohan Financial Services is preparing to file for a ₹1,400-crore IPO within a month, aiming for a ₹600 crore primary iss...
Arohan Financial Services in final lap to file DRHP for Rs 1400 crore IPOArohan Financial Services plans a Rs 1,400 crore IPO, combining fresh issue and OFS, amid improving microfinance sector conditions. With be...
Credit penetration among women rise 5-fold to Rs 76 lakh crore between 2017 and 2025Women borrowers have seen a significant five-fold increase in credit access, reaching Rs 76 lakh crore by 2025. This represents 26% of all ...
NBFCs doing well, but Iran war, margins cloud road aheadNon-banking finance companies anticipate strong growth in the upcoming quarter. However, rising funding costs may limit profit margins. Ana...
CreditAccess Grameen looks to scale down microfinance growth, says MD & CEO Ganesh NarayananCreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to becom...
Women borrowers hold Rs 76 lakh crore credit portfolio: ReportThe Aayog, in the report titled 'From Borrowers to Builders: Women and India's Evolving Credit Market', said that between December 2017 and...
Lenders' fields may yield less as collections wilt in summer"Collections fell by about two percentage points last summer, and we expect a similar dip this year," said the head of a non-bank lender, w...
Microfinance lenders now give bigger loans to existing borrowersIndia's microfinance sector is seeing a significant shift. Lenders are now offering larger loans to existing customers with good repayment ...
At bottom of the pyramid, 21 million small borrowers have dropped outTwenty-one million small borrowers exited formal finance. Lenders stopped new loans to those with overdue payments after a microfinance cri...
Govt may cap lending rates to MFIs under guarantee schemeThe finance ministry is set to direct banks to cap lending rates at 2% above MCLR for microfinance companies under a new credit guarantee s...
Overleveraged borrowers in microfinance down by halfThe microfinance arena is experiencing a noteworthy transformation, as the strain of overleveraged borrowers lessens significantly. Current...
Asset quality stress in MFI sector expected to persist in H1 FY26: ReportAsset quality stress in the NBFC-MFI sector surged in FY2025 due to borrower overleveraging, sociopolitical disruptions, and operational ch...
Tightening microfinance loan norms to defuse risk for overleveraged borrowers: S&P Global RatingsStricter regulations and underwriting standards in the Indian microfinance sector are expected to slow down growth for lenders while reduci...
MFIN extends deadline for adhering to maximum three-lenders per borrower rule by three monthsMFIN has extended the deadline for the three-lenders per borrower rule to the end of March 2025. The rule aims to reduce borrower indebtedn...
Bandhan Bank to halve its microfinance portfolio over the next two yearsThe private sector lender intends to diversify to new geographies and add more than 500 branches, mostly in semi-urban and rural areas beyo...
RBI removes lending rate cap on NBFC-MFIs, changes microfinance definitionWhile this move is on an expected line, RBI surprised the market by raising the annual household income level to 3 lakh for classification ...
Arohan Financial shelves IPO plan for now, to focus on Rs 1,800 crore fundraising"IPO is not on the cards right now as markets have not been very exciting for the past one year now"