The loans disbursed in Q2 declined by 13.3 per cent as they fell to Rs 137.4 lakh from Rs 163.9 lakh in Q1.

The discussions centered on strengthening the MFI sector to expand financial inclusion and enhance support for low-income ...

The microfinance industry contracted in Q2 FY25 with delinquency rates on loans rising to 4.3 per cent in September 2024.

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has successfully achieved significant milestones in 2024, ...

The report highlighted that borrowers with an overlap of microfinance and retail loans exhibited higher delinquency rates ...

Expectations: In order to augment credit supply into the microfinance sector and ensure steady growth, members have asked for ...

Microfinance institutions in India have experienced a dramatic growth of 2176% over 12 years, reaching Rs. 3.93 lakh crore by ...

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, ...

Manappuram microfinance arm Asirvad is expected to witness a gradual improvement in new business volumes, but it remains to ...

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 ...

The business of Micro Finance Institutions (MFIs) industry has risen from Rs 17,264 crores in March 2012 to Rs 3.93 lakh ...