Microfinance News
Microfinance stress not alarming, says RBI deputy governor Swaminathan
RBI had already requested banks and non-bank financiers to strengthen their underwriting standards and to step up their collection efforts so that the stress does not translate into bad loans.
3 min read6 Dec 2024Microlenders wake up to hangover after credit party
Leading microfinance companies are warning of overleverage, with their internal findings suggesting that many borrowers have four or more active loans
4 min read26 Nov 2024Microfinance risk: Small loans can spell big trouble for Indian banks
Watch out for signs of asset stress in India’s micro-finance sector after a phase of irrational exuberance. Bad loans, even if small, extract a cost by way of reduced profits as well as higher interest charges on credit across the board.
1 min read14 Nov 2024Equitas takes a big knock. Does the small finance bank deserve it?
How do Equitas SFB’s risk management strategies and market perceptions stack up against its future growth potential?
4 min read13 Nov 2024Microfinance in doldrums. Will this company outperform, again?
There are several reasons why CreditAccess Grameen could be a potential comeback player in the microfinance sector as and when it turns around.
6 min read11 Nov 2024Banks tighten underwriting, go slow on MFI loans as asset quality stress weighs
The microfinance segment has seen a rise in delinquencies, overleveraging in some customer segments, and a fall in collections.
5 min read29 Oct 2024MFI stress may weigh on small finance banks’ loan growth, asset quality in short term
The recent guardrails put in place by MFI self regulatory organisation MFIN could also lead to some amount of disruptions
3 min read4 Oct 2024Largest micro-lender CreditAccess Grameen joins peers in flagging stress pockets
Earlier, Kotak Mahindra Bank and Ujjivan Small Finance Bank too had flagged stress pockets in their microfinance businesses. What does this mean for lenders and borrowers?
3 min read2 Aug 2024RBI cautions micro lenders, NBFCs against high, ’usurious’ interest rates
RBI governor Shaktikanta Das said that the central bank has found instances of some microfinance institutions and NBFCs charging high interest rates on small-value loans.
3 min read7 Jun 2024Microfinance sector set for new growth wave: Fusion Micro Finance, CreditAccess Grameen, among stocks to buy
The NBFC-MFIs are also expected to claw-back some market share from banks in the near term. After a long time, banks have lost market share to NBFCs. Their market share has come down to 51% from 60% in FY21.
3 min read4 Jul 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared