Journalism of Courage
microfinance
MICROFINANCE NEWS
Microfinance sector suffers from vicious cycle of over-indebtedness, high rates: RBI Deputy Governor Rao
June 09, 2025 10:06 pm
Significantly, the microfinance industry’s gross loan portfolio (GLP) fell to Rs 381,200 crore as of March 2025, marking a 13.9 per cent fall from Rs 442,700 crore a year ago.
Microfinance stocks at historic lows: Signs of a turnaround or more pain ahead?
March 03, 2025 7:41 am
Before the market-wide correction began in September 2024, India's microfinance sector was already showing signs of strain. A surge in IPOs between December 2023 and March 2024 hinted at a market peak, followed by sharp corrections. While some players have shown resilience, others have struggled with massive write-offs. With early signs of stabilising asset quality, the key question remains: Has the microfinance cycle bottomed out, or is more turbulence ahead?
Karnataka mulls criminal action against microfinance companies for harassment
January 27, 2025 7:57 pm
According to Revenue Minister Krishna Byre Gowda, RBI guidelines set Rs 2 lakh as the limit for loans given out by microfinance companies.
Banks likely to face earnings pressure in Q3 on muted loan growth, higher credit costs
January 13, 2025 10:08 am
Some of the lenders may see some worsening of asset quality driven by a rise in slippages in the agriculture sector and unsecured loans, including credit cards.
Microfinance delinquencies nearly double to over Rs 28,000 crore in a year
January 13, 2025 10:12 am
Elections and extreme weather conditions hindered loan recovery efforts. This rise in delinquencies may push up the credit cost for NBFC-MFIs, potentially impacting the microfinance sector's growth.
‘MFI sticky loan dues past 90 days at 11.1% of portfolio’
July 14, 2022 1:47 am
While the delinquency level of loans which remained unpaid after 180 days was 8.4 per cent, sticky loans above 90 days (between 90-180 days) were at 2.7 per cent.
Bandhan gets final RBI nod, operations to start from Aug 23
June 18, 2015 2:05 am
The bank, which will be known as ‘Bandhan Bank’, will kick off in Kolkata on August 23.
Microfinance doesn’t exactly help cut poverty
April 27, 2015 2:29 am
Microcredit was initially celebrated as a poverty-busting innovation — till, about a decade ago, randomised evaluations began taking some of the gloss off.
Make Microfinance Bill tough to prevent ponzi scams: Orissa
January 03, 2015 3:22 am
The Bill has provision of micro-credit, thrift pension collection, insurance and remittance of funds.
Cloud in golden lining: Few checks,high risks
January 25, 2012 12:49 am
Gold prices rose through 2011 and ended the year with a 36 per cent surge.
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