Mumbai (Maharashtra) [India], May 6: Microfinance Industry Network (MFIN) today launched "ASCEND - The Education and Advancement program in microfinance" Programme, an online initiative to build professional capability, promote responsible lending, and enhance customer protection in India's
The net interest margins (NIMs) of microfinance institutions (MFIs) are expected to shrink in the financial year 2025 ended in march, due to emerging challenges in asset quality and declining yields, according to a recent report by Mavenark Advisors.
Mumbai (Maharashtra) [India], May 2: Sa-Dhan, an RBI - appointed self-regulatory organisation of Microfinance and Impact Finance Institutions in India, has signed a Memorandum of Understanding (MoU) with Bank of India for expanding the financing access to small and micro and women-led enterp
India's microfinance sector, which went through a tough phase in recent quarters, is now showing early signs of recovery, according to a report by Investec Equities.
Tightening regulations and stricter underwriting standards in Indian microfinance will rein in growth plans for sector lenders and defuse risk build-up for overleveraged borrowers, said S&P Global Ratings.
The collection efficiency trend for unsecured asset classes, such as microfinance loans, personal loans and unsecured SME loans, has seen weakening performance in the last few months, rating agency ICRA said on Thursday.
Mumbai (Maharashtra) [India], March 11: Sa-Dhan, an RBI-promoted Self-Regulating Organisation (SRO) of Microfinance and Impact Finance Institutions, revealed that its joint Digital Financial Inclusion Programme has widened the footprint of digital literacy across seven states in India, where
Kochi (Kerala) [India], March 11: Muthoot Microfin, a leading microfinance institution committed to empowering women entrepreneurs, has achieved a remarkable double victory at the SKOCH Awards 2025, securing two prestigious Gold Awards. The accolades were presented to Sadaf Sayeed, CEO of Mu
After a period of strict regulations in 2023 and 2024, the Reserve Bank of India (RBI) has now shifted its stance, benefiting the banking sector in a significant way, according to a report by CLSA Research.
The Reserve Bank of India (RBI) has adopted a more consultative approach under its new Governor, as reflected in its recent decision to roll back the increase in risk weightage on loans to Non-Banking Financial Companies (NBFCs) and Microfinance Institutions (MFIs), according to a report by
Karnataka Chief Minister Siddaramaiah on Wednesday announced that the state government will soon implement an ordinance to prevent microfinance companies from harassing borrowers, adding that the ordinance has received the Governor's approval.
Karnataka Governor Thawar Chand Gehlot signed the ordinance regarding the microfinance rules that the Karnataka government decided on through a Cabinet meeting earlier, the chief minister's office said Wednesday.