Microfinance Loans

Looking ahead, the bank expects a gradual improvement in asset quality in Q2, and reiterated its full-year credit cost guidance of 2.5 percent

L&T Finance to remain cautious about rural business amid stress in microcredit sector: CEO Sudipta Roy

In the second quarter (July-September), rural business finance disbursements have reduced by 5 per cent YoY and 6 per cent quarter-on-quarter. Rural business finance disbursements during the quarter stood at Rs 5,435 crore, as compared to Rs 5,773 crore in the quarter-ago period and Rs 5,740 crore last year.

Are MFI players staring at a bumpy road ahead?

The farm loan waiver scheme recently announced by Telangana could put stress on lenders and spoil the credit culture in the country

MFI loan framework: All entities, banks, 7 NBFC-MFIs brought under similar rules

RBI has also defined a microfinance loan as a 'collateral-free' loan given to a household having annual household income up to Rs 3 Lakh.

Micro-loan securitisation volumes may see impact in Q4 due to third COVID-19 wave: Report

In the first nine months of the current fiscal, there was a recovery in absolute terms with micro-loan securitisation volumes at around Rs 6,200 crore as compared to around Rs 1,900 crore in the year-ago period.

Microfinance loan portfolio stands at Rs 2,32,648 crore as of December-end: Report

The industry's GLP had stood at Rs 2,11,302 crore at the end of December 2019.

Bandhan Bank — Should investors still bet on it?

Third-quarter results lay bare micro lender Bandhan's vulnerability to political events

Banks restructure Rs 5240 crores of MFI loans

Banks have cleared the restructuring of microfinance loans just in time before the RBI's deadline of June 6. CNBC-TV18's Gopika Gopakumar learns that the banks met today to approve the restructuring of MFI loans worth around Rs 5200 crore.

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.