Explore key recommendations by Sa-Dhan for strengthening microfinance institutions and expanding credit access in underserved ...
The microfinance industry contracted in Q2 FY25 with delinquency rates on loans rising to 4.3 per cent in September 2024.
Furthermore, originations dampened further in Q2 FY25, with a 13.3 per cent drop in value and 16.1 per cent drop in volume in ...
Manappuram microfinance arm Asirvad is expected to witness a gradual improvement in new business volumes, but it remains to ...
Mumbai: The year-on-year delinquency rates on microfinance loans, where instalments are overdue by 30 to 180 days, jumped to 4.3% as of Sep 2024, up from 2% a year earlier. Even as delinquencies rose, ...
Expectations: In order to augment credit supply into the microfinance sector and ensure steady growth, members have asked for ...
Microfinance institutions are calling for government support and a dedicated funding mechanism to address growing challenges, including regulatory issues and rising delinquencies. A meeting chaired by ...
Financial Services Secretary M Nagaraju urged microfinance institutions (MFIs) to promote digital loan repayments, improve cybersecurity, and IT infrastructure. The meeting addressed MFI fundraising ...
The business of Micro Finance Institutions (MFIs) industry has risen from Rs 17,264 crores in March 2012 to Rs 3.93 lakh ...
Microfinance Industry Network had in November introduced the new cap along with a few other guidelines around micro lending.
MANAGING Director, Payment Processing and Switching, Interswitch Purepay, Akeem Lawal, has said that for the huge potential ...