The rise in delinquencies has come amid a contraction in the overall microfinance portfolio in September which stood at Rs ...
The microfinance sector faces mounting challenges as gross NPAs nearly doubled in H1, signaling deep stress in asset quality. India's markets ended the week on a sharp downturn, with the Sensex and ...
The discussions centered on strengthening the MFI sector to expand financial inclusion and enhance support for low-income ...
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, ...
The report highlighted that borrowers with an overlap of microfinance and retail loans exhibited higher delinquency rates ...
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has successfully achieved significant milestones in 2024, ...
Microfinance institutions in India have experienced a dramatic growth of 2176% over 12 years, reaching Rs. 3.93 lakh crore by ...
Microfinance Industry Network had in November introduced the new cap along with a few other guidelines around micro lending.