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 discussions centered on strengthening the MFI sector to expand financial inclusion and enhance support for low-income ...
The microfinance sector faces mounting challenges as gross NPAs nearly doubled in H1, signaling deep stress in asset quality.
The report highlighted that borrowers with an overlap of microfinance and retail loans exhibited higher delinquency rates ...
The microfinance industry contracted in Q2 FY25 with delinquency rates on loans rising to 4.3 per cent in September 2024.
Expectations: In order to augment credit supply into the microfinance sector and ensure steady growth, members have asked for ...
Microfinance institutions in India have experienced a dramatic growth of 2176% over 12 years, reaching Rs. 3.93 lakh crore by ...
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has successfully achieved significant milestones in 2024, ...
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 ...