Mfi Loans

IndusInd Bank’s MFI, unsecured loans under scanner for possible flouting of lending norms

The bank may have extended loans to husbands of some MFI borrowers to ensure that the loans didn’t turn bad, The practice, flagged during an audit, has since been stopped

MC Exclusive| RBI asks a few large private banks to hike risk weights on MFI loans

Sources said that the regulator may require more banks to raise their risk weights on microloans, currently at 75 percent, to 125 percent if problems in the microlending category persist

Bankers fear to not execute MFI's CDR package by month-end

Time seems to be running out for bankers to complete the CDR package of microfinance companies. Some bankers fear that MFI loans could become bad loans or non-performing assets (NPAs) if the restructuring is not implemented by end of this month, reports CNBC-TV18’s Gopika Gopakumar.

On microfinance loans, what do bankers want?

At the pre-credit policy meeting, bankers have reiterated their request to extend the deadline for restructuring microfinance loans to June of this year. CNBC-TV18’s Gopika Gopakumar reports that ahead of the annul credit policy next month, the RBI governor held a meeting with bankers today.