Microfinance institution heads state that lowering interest rates is difficult without cheaper funding sources, emphasizing ...
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 report highlighted that borrowers with an overlap of microfinance and retail loans exhibited higher delinquency rates ...
Explore key recommendations by Sa-Dhan for strengthening microfinance institutions and expanding credit access in underserved ...
The discussions centered on strengthening the MFI sector to expand financial inclusion and enhance support for low-income ...
The microfinance industry contracted in Q2 FY25 with delinquency rates on loans rising to 4.3 per cent in September 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, ...
Financial Services Secretary M Nagaraju urged microfinance institutions (MFIs) to promote digital loan repayments, improve cybersecurity, and IT infrastructure. The meeting addressed MFI fundraising ...