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UNIQUE MICROFINANCE BORROWERS
As India grows richer, banks will have to adjust to thinner margins: Indian Bank CEOIndian Bank's chief Binod Kumar expects interest rates to rise and net interest margins to fall as India develops. He plans to raise capita...11 May, 2026, 01.04 AM IST- 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...17 Mar, 2026, 12.54 AM IST
- About 11 million microfinance borrowers out of the formal credit systemEleven million low-income borrowers have left India's formal credit system. Microfinance lenders reduced lending to those at the economic b...28 Nov, 2025, 10.02 PM IST
- Microfinance as key engine of financial inclusion: How it can be made a strong pillar of Viksit BharatMicrofinance sector needs transparent pricing and protection against financial vandalism. Strengthening governance and reforming collection...19 Jul, 2025, 10.59 AM IST
- At the bottom, 3 mn borrowers may have lost access to bank credit in 9 monthsAround 3 million borrowers at the bottom of the financial pyramid lost access to formal finance over the past nine months as lenders tighte...26 Mar, 2025, 12.46 AM IST
- Budget impact: Grameen Credit Score likely to restore credit discipline in microfinance, say expertsMicrofinance leaders anticipate the implementation of a new Grameen credit score framework to restore lending discipline following a declin...02 Feb, 2025, 07.45 PM IST
- Siddaramaiah talks tough on MFIs employing goondas to recover loansThe State Government has decided to take strict action against micro-finance institutions (MFIs) demanding high interest rates and harassin...26 Jan, 2025, 03.36 PM IST
- Advent International & Multiples to invest Rs 1,930 cr in Ananya Birla’s Svatantra MicrofinSvatantra Microfin, led by Ananya Birla, raised Rs 1,930 crore from Advent International and Multiples Private Equity. It has a business se...04 Mar, 2024, 09.44 PM IST
- PE cos Advent, Multiples to invest Rs 1,930 crore in Ananya Birla’s Svatantra MicrofinAdvent International and Multiples to invest INR 1,930 Crores or $230M in Ananya Birla’s Svatantra Microfin, marking the largest private eq...04 Mar, 2024, 08.04 PM IST
- Micro loan disbursement jumps 20% in December 2022 quarter to Rs 77,877 crThe industry served 6.4 crore unique borrowers through 12.6 crore loan accounts. The number of active loan accounts grew almost 19% as comp...16 Mar, 2023, 05.33 PM IST
- Microfinance loan rises 10% to Rs 2.56 lakh crore: MFIN dataAt the end of last year, 13 banks together held the largest share of the micro loan portfolio with total loan outstanding at Rs 1.04 lakh c...29 Mar, 2022, 06.41 PM IST
- More pain for microfinance: Sticky loans beyond 180 days swell to Rs 24,500 croreThree months ago, the aggregate size of sticky loans was estimated at Rs 20,000 crore or about 8% of the microfinance book.25 Mar, 2022, 07.36 AM IST
- Acute stress building up in microfinance portfolios in WB, Maha, PunjabThe department of financial services (DFS) has recently called upon the two microfinance industry organisations - Sa-Dhan and Microfinance ...12 Apr, 2021, 07.39 PM IST
- Microfinance GLP jumps 48% to Rs 2 lakh cr in Sept quarterIn the second quarter ended September 2019, the total number of microfinance loan accounts were at 9.79 crore as compared to 7.43 crore acc...25 Nov, 2019, 06.26 PM IST
- Microfin cos want to be a UIDAI registrarMicrofinance Institutions Network which is the umbrella organisation for some 39-odd NBFC-turned microfinance players, has made a pitch bef...07 Jul, 2010, 01.32 AM IST
- Bank resumes lending to MFIsICICI Bank has resumed lending to microfinance institutions under the partnership model, an activity it had suspended since January 2007.01 May, 2007, 03.48 AM IST
- ICICI resumes lending to MFIsICICI Bank has resumed lending to microfinance institutions under the partnership model, an activity it had suspended since January 2007.01 May, 2007, 03.44 AM IST
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