Page 3 of microfinance

NBFC-MFIs' AUM to moderate, credit cost to jump in FY25 amid evolving asset quality risks: ICRA

NBFC-MFIs’ evolving asset quality risks to impact profitability, growth in FY25: ICRA

As per ICRA’s estimates, the non-performing assets (NPAs) in NBFC-MFIs have increased by 30 bps in Q1 FY25.

September 4, 2024 17:24 IST

Microfinance loan portfolio sees drop in June quarter; asset quality deteriorates: Report

The loan amount disbursed also declined during the June quarter along with the drop in the number of loans.

August 30, 2024 14:47 IST

The Rise of Luxury Living in Mumbai’s Emerging Micro Markets

“Mumbai’s real estate market is shifting towards luxury living in emerging micro-markets, driven by post-pandemic lifestyle changes, equity market gains,…

August 16, 2024 17:10 IST

Rs 38,072 crore microfinance loans written off as of March 2024; loans unpaid beyond 180 days swell: Report

The sector continued to see growth with a 26 per cent jump in gross loan portfolio to Rs 4.42 lakh…

June 11, 2024 13:05 IST

Microfinance gross loan portfolio jumps 24% in FY24: Report

In terms of portfolio quality, the portfolio delinquent by 31 to 180 days past due (DPD) improved for banks and…

June 10, 2024 19:12 IST

fusion micro finance, nbfc, microfinance, International Development Finance Corporation, msme loan

Fusion Micro Finance secures $25 million loan from US International Development Finance Corporation

Fusion Micro Finance said the funds will be deployed towards growing its business operations in India to enable financial inclusion…

May 17, 2024 12:49 IST

Muthoot Microfin, asset quality, AUM, loan disbursement, collection efficiency, funds, microfinance, customer count, branch count

Muthoot Microfin Q4 Update: AUM soars 32% YoY in Q4, reports highest annual loan disbursement in FY24

Muthoot Microfin reported its highest annual loan disbursement during FY24 at Rs 10,662 crore, registering a growth of 32 per…

April 8, 2024 13:00 IST

sindhuja microfinance, mfi, rural women entrepreneurs, self employed women, banks, small finance banks, reserve bank of india, rbi, GAWA Capital and Oikocredit

Microfinance provider Sindhuja Microcredit raises $14.5 million from GAWA Capital, Oikocredit

Earlier, Sindhuja had raised Series A funding from Carpediem Capital, which came in as the first institutional investor backing the…

March 28, 2024 13:33 IST

securitised pools, stable performance, asset classes, Housing Loans, global fuel prices, vehicle pools, asset quality, SME, Microfinance, MFI industry

Retail pools continue to display stable performance across asset classes, says ICRA

Abhishek Dafria, Senior Vice President and Group Head – Structured Finance Ratings, ICRA, said, “The limited fluctuations in collections over…

March 21, 2024 10:56 IST

sa-dhan, microfiance, mfi, micro and small enterprises, households, nirmala sitharaman, finance minister, budget expectations, microfinance losses

Budget 2024: Microfinance association seeks dedicated fund for equity support to small, emerging MFIs

MFIs have lent over Rs 1.5 lakh crore to over 5 crore households so far, around 75 per cent of…

January 10, 2024 12:02 IST

Microfinance, Satin Creditcare, ICICI Prudential Life Insurance, Bandhan Mutual Fund, Bajaj Allianz Life Insurance, Qualified Institutional Placement (QIP)

Microfinance company Satin Creditcare raises Rs 250 crore via QIP

Satin Creditcare is present in 24 states & union territories and 96,000 villages and caters to the financially under-served community.…

December 21, 2023 13:13 IST

MFIs gain traction as asset quality woes recede

According to the latest results, the gross non-performing asset ratio of some of the leading players such as CreditAccess Grameen…

November 21, 2023 00:50 IST

MFI, Fusion Microfinance, quarterly results, financial results, sme, sme news

Fusion Microfinance targets 11.5% net interest margin by March

The MFI on November 6 reported its Q2 net profit at Rs 126 crore, up 32% (year-on-year) YoY, led by…

November 16, 2023 01:15 IST

Microfinance sector, Microfinance news, Microfinance sector news, sme news, sme

Microfinance sector makes a strong comeback

Apart from the favourable economic environment, the MFI sector also benefitted from the revised regulatory framework issued by the Reserve…

November 7, 2023 21:25 IST

fusion microfinance, nbfc-mfi, non banking financial company, microfinance institution, women entrepreneurs, last mile credit, rural entrepreneurs

NBFC-MFI Fusion Micro Finance Q2 results: 32% jump in PAT, 24% growth in AUM

Announcing its Q2 results on Monday, the company reported its gross NPAs (non-performing assets) at 2.68 per cent amounting to…

November 7, 2023 11:36 IST

microfinance, mfi, nbfc-mfi, banks, small finance banks, sfb, microfinance institution, microfinance, covid, rbi, reserve bank of india, mfin, kotak mahindra bank, bfsi

Macro opportunity: ‘Microfinance industry is on course to become a larger player in the BFSI space’

The MFI industry has been through the vagaries of many economic ups and downs, eventually becoming resilient and now, one…

October 2, 2023 10:00 IST

mfin, microfinance, mfis, nbfc, banks, microfinance sector, msme loans, microfinance loan accounts, loan disbursed

Microfinance loan portfolio jumps nearly 20% during April-May FY24 from Q1 previous fiscal: Report

Lender-wise, 85 NBFC-MFIs were the largest provider of micro-credit with a loan amount outstanding of Rs 1,42,245 crore, accounting for 40.6 per cent of…

September 8, 2023 13:29 IST

care ratings, careedge, microfinance, mfi, microfinance institutions, micro loans, mfi npa, nbfc-mfi, nbfc loans, covid

NBFC-MFIs to continue see double-digit loan growth in FY24: CareEdge report

In terms of asset quality, although on an improving trend, it still remains moderate as compared to the pre-Covid level…

August 23, 2023 09:00 IST

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Jemimah Rodrigues opens up about anxiety; Deepika Padukone lauds her for breaking stigma

Life30 min ago

Indian actress Deepika Padukone praised cricketer Jemimah Rodrigues for openly discussing her mental health struggles at a press conference after a match. Padukone, a mental health advocate, shared Rodrigues’s video and applauded her courage. In a country where mental health is still stigmatized, Rodrigues’s bravery in speaking out on a public platform is a noteworthy milestone.

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