The rise in delinquencies has come amid a contraction in the overall microfinance portfolio in September which stood at Rs ...

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 ...

The microfinance sector faces mounting challenges as gross NPAs nearly doubled in H1, signaling deep stress in asset quality.

Microfinance institutions are calling for government support and a dedicated funding mechanism to address growing challenges, including regulatory issues and rising delinquencies. A meeting chaired by ...

Financial Services Secretary M Nagaraju urged microfinance institutions (MFIs) to promote digital loan repayments, improve cybersecurity, and IT infrastructure. The meeting addressed MFI fundraising ...

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, ...

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

MANAGING Director, Payment Processing and Switching, Interswitch Purepay, Akeem Lawal, has said that for the huge potential ...

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, ...

Explore key recommendations by Sa-Dhan for strengthening microfinance institutions and expanding credit access in underserved ...

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