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Microfinance News

CreditAccess Grameen's loan book grows 22% in FY22; adds 500,000 customers

Stress in 30 plus day dues in micro-loans declines in December quarter

Reserve Bank of India removes interest cap for microfinance loans

Microfinance lenders cannot charge usurious interest rate: RBI

MFIs' qualifying asset threshold has to be lowered, says Alok Misra

Northern Arc Group to acquire SMILE Microfin

MFI Spandana Sphoorty expects to disburse Rs 1,000 cr in Q4 of FY22

Sa-Dhan introduces credit assessment framework for microfinance borrowers

Rating agency ICRA lowers MFI asset growth estimate to 12-14% for FY22

Reserve Bank of India likely to tweak norms to reduce MFI risk

Micro-loan securitisation volumes may see impact in Q4 due to Covid: Icra

Rising Covid cases may add to asset quality risks of NBFIs: Fitch

Micro lenders seek extension of credit guarantee scheme in Union Budget

Odisha-based MFI Annapurna Finance raises $ 35 mn in capital raise

MFIN to launch natural catastrophe insurance cover for micro borrowers

MFI sector improves after 2nd wave, caution needed on asset quality: Report

What explains the lure of pay-later cards like Slice and Uni?

Microfinance business may attract closer scrutiny on the way it is done

A new approach to identify bad loans is needed: Credgenics co-founder

Microfinance sector sees 3x rise in disbursement value in Q1: Report