This rise in delinquencies may push up the credit cost for NBFC-MFIs, potentially impacting the microfinance sector’s growth. The slowdown in the economy has also contributed to the indebtedness and ...

Mumbai: Microfinance Industry Network (MFIN), the ... tougher norms for MFIs in July last year, after the Reserve Bank of India (RBI) raised concerns regarding several MFI practices, including ...

The Kolkata-headquartered micro lender started working with the bottom of the pyramid borrowers in 1996-97 and was one of the earlier ones to get an NBFC license. At present, it has nearly half a ...

That’s unfortunate news for savers. But on the plus side, there are other ways to give your account balance a boost, like taking advantage of valuable bank account bonuses. Many banks and credit ...

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Alex Gabriel Simon, an equities reporter in ...

The Adani Wilmar stock remains 61% below its April 2022 peak of 841 rupees. Microfinance still on RBI’s watchlist The microfinance segment continues to face challenges, with the Reserve Bank of India ...

during this period the average loan size grew from Rs 35,299 to Rs 50,430. As credit to the microfinance sector surged in the post-pandemic period, a few non-bank lenders were found charging ...

While this marks a slight deterioration from Q1FY25, the figures remain reasonable given the bank’s 15% exposure to unsecured retail loans. Excluding microfinance, GNPA/NNPA for the retail ...