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MICROLOANS
Karur Vysya has a four-pronged plan to move up to the next level: B Ramesh Babu, MD & CEOAfter a decade of downsizing the wholesale business, Karur Vysya now plans to reverse it by raising the corporate loan share to 20% in the ...- Karur Vysya Bank bets big on credit cards, microloans and corporate push to double down on growthKarur Vysya Bank is set for significant growth. The bank plans to expand its balance sheet by entering the credit card business and offerin...
- Gold loans power Small Finance Banks' growth as microfinance asset quality weakensSmall Finance Banks are shifting focus to secured loans like gold loans. This move aims to stabilize their financial health and earnings. T...
- Banks' credit growth to moderate in FY27; NPAs to inch up: Crisil RatingsBanks' credit growth is projected to slightly slow to 13% in FY27, with a potential 0.20% rise in bad loans to 2.5% by March 2027, accordin...
- Risk off! Banks opting to lend to prime customersBanks are now favouring borrowers with top credit scores. This shift reflects caution in lending. New customers are also getting fewer loan...
- Lenders turn risk-averse, focus on high CIBIL score borrowers as gold loans surge in IndiaLenders are prioritizing borrowers with strong credit histories and higher loan amounts, leading to a decline in new-to-credit customers. D...
- Svatantra Microfin acquires Chaitanya India Fin; becomes 2nd largest NBFC-MFISvatantra Microfin has successfully merged with Chaitanya India Fin Credit and Svatantra Holding, solidifying its position as India's secon...
- Legacy microloan stress still a worry for small finance banksMicrofinance business is significantly impacting small finance banks like ESAF, Suryoday, and Utkarsh, with nearly a fifth of their microlo...
- MFI portfolio continues to de-grow, asset quality remains challenging: ReportThe microloan portfolio across all lenders declined by 14% year-on-year, reaching ₹3.81 lakh crore at the end of March. The asset quality r...
- Microfinance business shrinks in Q2 as delinquency rates surgeThe microfinance industry contracted in Q2 FY25 with delinquency rates on loans rising to 4.3 per cent in September 2024. Borrowers with mu...
- ESAF Small Finance Bank creates micro banking vertical with 5,200 staffESAF Small Finance Bank has absorbed 5,200 employees from ESAF Swasraya Multi-State Agro Co-operative Society Ltd (ESMACO) as part of a str...
- Northern Arc Capital raises $75 million from Dutch development bankA non-bank lender with Rs 10,081 crore in assets plans to deploy funds from newly issued five-year non-convertible debentures to expand ret...
- HDFC Bank raises USD 500 mn from IFC for on lending to women borrowersHDFC Bank secured a USD500 million loan from IFC to support underserved women borrowers by providing microloans through self-help and joint...
- Banks lose microloan market shareThe loss in market share took place even before the RBI liberalised rules on lending to this sector — lifting the cap on interest rates cha...
- Micro-loan securitisation volumes may see impact in Q4 due to third COVID-19 wave: Report"The securitisation volumes in Q4 (FY22), which should have otherwise seen a healthy improvement, could be impacted by the concerns around ...
- No appeasement with microloan waivers, Assam thinks of rewardsIn parallel, the state has identified that out of the ₹12,500 crore of micro-loans, about ₹4,000 crore was given to borrowers flouting the ...
- Banks see slow recovery in microloans, polls an overhang“This sector needs more hand-holding and would take at least six to nine months to recover as the economy gets back full throttle,” said Ar...
- Here's how microloan repayment is likely to look like after end of moratorium on August 31Theoretically, many believe that the repayment rates would improve, but there are skeptics that argue the current trend would continue for ...
- Bandhan Bank to focus on MFIs, SMEs, won’t experiment with big loansMicroloan rates will remain elevated compared with other segments.
- MFIs increasingly raising money through securitisationMicrofinance companies are increasingly adopting the securitisation model to raise capital. Over a dozen organised lenders have raised mone...
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