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MICROFINANCE LOAN DELINQUENCIES
Retail loan stress is the new growth driver for ARCsDuring 2025-26, ARCs acquired stressed debt worth more than Rs 2 lakh cr, comprising Rs 1.5 lakh cr of corporate loans and Rs 50,000 cr of ...
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 ...
Non-banks increase microfinance share amid muted demandThe overall microfinance gross loan portfolio stood at ₹3.34 lakh crore at the end of April, down from ₹3.39 lakh crore a month ago, said t...
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...
Top gold loan companies expand bullion holdings to record levels in FY26India's top gold loan firms, Muthoot Finance, Manappuram Finance, and IIFL Finance, collectively hold a record 334 tonnes of gold. This amo...
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...
Muthoot Microfin grew 13% when the industry shrank 20%; CEO explains what's nextMuthoot Microfin defied industry decline, growing assets by over 13%. The company improved its loan repayment rates and reduced bad loans. ...
MFIs bounce back after 7 quarters of contraction and write-offsIndia's microfinance sector shows a strong rebound. The loan portfolio expanded significantly in the March quarter. This marks a recovery a...
Microfinance sector returns to growth after 11 quarters of contraction, loan portfolio rises 5.3%The microfinance sector has turned a corner, showing growth in the January-March period. This follows a period of contraction and write-off...
Guardrails for MFIs need to continueIn a recent advisory, Sa-Dhan, a key player in the microfinance arena, underscores the necessity of upholding lending standards for financi...
Sa-Dhan backs continued microfinance guardrails, suggests RBI steering panelSa-Dhan, a microfinance self-regulator, recommends maintaining lending guardrails for bottom-of-the-pyramid customers. These rules aim to p...
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...
Microfinance in revival mode; MFIs, private banks expand business in JanuaryThe microfinance sector is consolidating after a period of stress. Private banks and NBFC-MFIs have increased their lending portfolios. Whi...
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,...
CreditAccess Grameen shares slide 5% as Goldman Sachs maintains sell rating, sees further downside of 37%Shares of CreditAccess Grameen dropped 5.1% after Goldman Sachs maintained a ‘sell’ rating, citing liquidity pressures and increasing delin...
Finmin to hold meeting with MFI players tomorrowThe Finance Ministry scheduled a meeting with microfinance institutions on Wednesday to address rising bad loans and delinquencies. The Dep...
Despite bright spots, uncertainty looms over microfinance businessNear-term business prospects across states are, however, more clouded with the outburst of Covid-19 cases over the past couple of weeks. In...