Microfinance Institutions

Coronavirus Outbreak: Sa-Dhan urges PM for extension of loan moratorium benefits to MFI industry

Microfinance lenders' umbrella body Sa-Dhan has urged Prime Minister Narendra Modi for an extension of the loan moratorium benefits to the MFI industry in a bid to help small-ticket borrowers, who are at the risk of being pushed into extreme hardships

Micro lenders looks towards normalcy in Assam as protests against CAB cause delay in loan repayment

Microfinance institutions which have started witnessing delay in loan repayment in Assam following the outbreak of protests against the new citizenship law are keeping their fingers crossed for a stability in their operations, industry insiders said

Economy to start looking up in days ahead, says Nirmala Sitharaman; private banks, financial institutions not facing any liquidity problem

Nirmala Sitharaman said that she had not heard of any liquidity problem after meeting with private banks, MFs, NBFCs and small finance banks

Mudra loans: NPAs may have doubled in a year, but it is not a reason to worry yet

It would help if both the Mudra agency and the Ministry of Finance put out regular and detailed data regarding Mudra bad loans.

Microfinance institutions' loan portfolio up 47% in FY18 to Rs 68,789 cr: Report

Releasing the Bharat Microfinance Report 2018 on Wednesday, Union MSME Minister Giriraj Singh said the interest rate at which bankers provide loan to microfinance institutions should be brought down so that more people can be brought under the ambit of microfinance.

Kerala floods to impact microlenders, general insurers, gold financiers: India Ratings report

India Ratings said apart from the MFIs, two-wheeler and consumer durables financiers will have to take severe haircuts, while the pain will be a bit lesser for agriculture loans, motor insurance and loans against property

Small banks mark the biggest banking revolution in India since nationalisation

Considering the dominance of MFIs in the final list, the RBI clearly wants microlenders to take up a bigger role in taking banking to the rural poor.

Budget 2015: Jaitley's big push to start-ups but industry remains sceptical

Farm debt waiver: RBI seeks info on beneficiaries, money to MFIs

BI has asked banks to provide information in tabular form with regard to ineligible beneficiaries, the eligible beneficiaries who were denied loans, money given to microfinance institutions, tampering of records and cases where relief certificates were not issued.

As RBI turns the other way, Andhra govt now seeks donations for loan waiver

A staggering Rs 40,000 crore is required for the loan waiver schemes for farmers and also women self-help groups.