The rise in delinquencies has come amid a contraction in the overall microfinance portfolio in September which stood at Rs ...
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 ...
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has successfully achieved significant milestones in 2024, ...
Explore key recommendations by Sa-Dhan for strengthening microfinance institutions and expanding credit access in underserved ...
It is no surprise that some rural populations in Kenya, particularly small-scale farmers and informal traders lack avenues ...
Manappuram microfinance arm Asirvad is expected to witness a gradual improvement in new business volumes, but it remains to ...
RBI, in October, had imposed sanctions on Asirvad Microfinance, Arohan Financial Services, DMI Finance, and Flipkart ...
The year-on-year delinquency rates on microfinance loans, where instalments are overdue by 30 to 180 days, jumped to 4.
Asset quality stress in the microfinance sector doubled from April to September 2024, with loans overdue increasing from 2.15 ...
Finance Ministry to meet with MFI players on Wednesday amid rising bad loans and delinquencies in the sector. The meeting ...
The PRA has extended the Single Sales Tax Return facility to the oil and gas sector, microfinance banks, insurance, and ...