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  • Microlenders seek e-KYC authentication for client on-boarding Sep 15, 2020 05:08 PM IST

    Microlenders seek e-KYC authentication for client on-boarding

    Currently, NBFC-MFIs are not permitted to do e-KYC for their customers. Only those MFIs which are operating as banking correspondents of commercial banks can do e-KYC for that category of customers.

  • Microlenders knock on RBI’s door seeking exemption from new current account rules Sep 07, 2020 04:14 PM IST

    Microlenders knock on RBI’s door seeking exemption from new current account rules

    According to the recent guidelines from the RBI, banks cannot open multiple current accounts for customers who have availed cash credit or overdraft facility from other banks. All transactions need to be routed through cash credit or overdraft accounts.

  • Q&A: Raghuram Rajan warns against extending loan moratorium, recalls Andhra Pradesh microfinance crisis Aug 05, 2020 12:28 PM IST

    Q&A: Raghuram Rajan warns against extending loan moratorium, recalls Andhra Pradesh microfinance crisis

    The former RBI governor Raghuram Rajan weighs in on a raft of issues, including the loan moratorium, stressed assets, the coronavirus lockdown and more, in an exhaustive interview.

  • Microfinance: The RBI's sops are not enough Apr 21, 2020 09:55 AM IST

    Microfinance: The RBI's sops are not enough

    A special dispensation for the small and medium-sized MFIs is needed

  • Coronavirus impact | MFIs request government, RBI for moratorium, liquidity support: Report Apr 14, 2020 04:49 PM IST

    Coronavirus impact | MFIs request government, RBI for moratorium, liquidity support: Report

    Till now banks and NBFCs are offering the moratorium only to individual customers

  • With 61% of loan book tied up in high-risk microcredit, Bandhan Bank feels the heat of coronavirus lockdown Apr 09, 2020 01:50 PM IST

    With 61% of loan book tied up in high-risk microcredit, Bandhan Bank feels the heat of coronavirus lockdown

    The nationwide lockdown to fight COVID-19 presents a major crisis for banks with high exposure to the microcredit segment. With many small businesses on the verge of shutting down, loan repayments may stop.

  • Coronavirus impact | MFIs feel there will be pent-up demand for loans after lockdown ends Apr 08, 2020 04:14 PM IST

    Coronavirus impact | MFIs feel there will be pent-up demand for loans after lockdown ends

    "A large section of our population is self-employed. We expect a bounce back since this self-employed low-income segment is perennially credit-starved," said Harsh Shrivastava, CEO, Microfinance Institutions Network.

  • A giant among Lilliputs Jan 20, 2020 09:14 AM IST

    A giant among Lilliputs

    Bandhan Bank a hyper-aggressive player in microfinance space

  • How good MFIs are leaving public sector banks far behind Dec 20, 2019 09:22 AM IST

    How good MFIs are leaving public sector banks far behind

    This group of lenders have learnt how to make most of the opportunity at the bottom of the pyramid

  • Room for strong growth for microfinance in India: KPMG Dec 19, 2019 10:54 AM IST

    Room for strong growth for microfinance in India: KPMG

    "Microfinance is growing at 48 per cent CAGR in the last five years, there is still room for growth given that microfinance penetration is 25 per cent of the addressable market," KPMG India national head (Financial Services) Gayathri Parthasarathy said in the report.

  • CreditAccess Grameen – A reasonably valued micro-lending NBFC defying slowdown May 29, 2019 11:04 AM IST

    CreditAccess Grameen – A reasonably valued micro-lending NBFC defying slowdown

  • Asirvad Microfinance securitises MF portfolio Jan 09, 2019 03:39 PM IST

    Asirvad Microfinance securitises MF portfolio

    This securitisation held last month, is the eighth tranche for the current financial year and the total pool securitised with different bank amounts to Rs 611 crore, a press release said.

  • Loans up to Rs 25,000 can be availed in 30 min, says Satin Creditcare CMD Nov 30, 2018 04:06 PM IST

    Loans up to Rs 25,000 can be availed in 30 min, says Satin Creditcare CMD

    According to a BCG report, digital lending in India will become a $1 trillion opportunity in the next five years

  • Ideas for Profit: Bandhan Bank posts strong Q2 performance; buy on dips Oct 11, 2018 02:15 PM IST

    Ideas for Profit: Bandhan Bank posts strong Q2 performance; buy on dips

    Though we don’t foresee any big challenge to the bank’s regular pace of growth, the regulatory requirement of paring down promoter holding can remain an overhang on the stock

  • Ideas for Profit | CreditAccess Grameen IPO: Sound business in a risky sector; subscribe for the long term Aug 08, 2018 02:39 PM IST

    Ideas for Profit | CreditAccess Grameen IPO: Sound business in a risky sector; subscribe for the long term

    CreditAccess Grameen operates right at the heart of rural India providing finance to the unserved masses at the bottom of the socio-economic pyramid making it a unique rural financial services play

  • RBI must allow microfinance firms to lend to small, mid-sized segments: MFIN President Jul 24, 2018 08:45 PM IST

    RBI must allow microfinance firms to lend to small, mid-sized segments: MFIN President

    At present, MFIs can lend 15 percent of their total assets outside the guidelines governing MFI lending. Such loans do not qualify as priority sector lending (PSL).

  • Ideas for Profit: Bandhan Bank posts stellar Q1 performance; buy for the long term Jul 19, 2018 04:48 PM IST

    Ideas for Profit: Bandhan Bank posts stellar Q1 performance; buy for the long term

    Bandhan Bank’s scale, experience and history in micro loans, combined with superior return ratios from the general banking business, strong asset quality and more than adequate capital should support premium valuations

  • Indiabulls Ventures may weigh options to recast, reverse merge microfinance arm Nov 08, 2017 08:01 AM IST

    Indiabulls Ventures may weigh options to recast, reverse merge microfinance arm

    IVL Finance is a wholly-owned non-banking finance company of Indiabulls Ventures. It was earlier known as Shivshakti Financial Services.

  • IndusInd aims to grow microloan book to 6% with Bharat Fin merger; deal likely on Saturday Oct 12, 2017 09:05 PM IST

    IndusInd aims to grow microloan book to 6% with Bharat Fin merger; deal likely on Saturday

    The Bank’s board members will meet on Saturday, October 14, and most likely announce the merger deal with Bharat Financial

  • Banking sector wrap: Jaitley promises help to banks; P2P lenders to be NBFCs Sep 23, 2017 07:00 AM IST

    Banking sector wrap: Jaitley promises help to banks; P2P lenders to be NBFCs

    Customers would be happy to know that banks are sprucing up their festive offers to give discounts on loans and waive off charges to avail loans in the Diwali season.

  • Janalakshmi Financial Services raises Rs 1030 cr ahead of small finance bank launch Sep 11, 2017 03:07 PM IST

    Janalakshmi Financial Services raises Rs 1030 cr ahead of small finance bank launch

    The current round of funding is a crucial step in enabling the micro-lender to complete its transition into a small finance bank.

  • Here's why R Sreesankar of Prabhudas Lilladher is underweight on MFIs Apr 20, 2017 01:55 PM IST

    Here's why R Sreesankar of Prabhudas Lilladher is underweight on MFIs

    In an interview with CNBC-TV18, R Sreesankar, Head-Institutional Equities at Prabhudas Lilladher shared his readings and outlook on market fundamentals.

  • Why Motilal Oswal sees near term pain & long term gain for Equitas Apr 07, 2017 01:32 PM IST

    Why Motilal Oswal sees near term pain & long term gain for Equitas

    The brokerage house believes that the NBFC is taking the right steps and there will be short-term pain due to them, but in the long run it will be a positive for it.

  • RBI policy, earnings to drive markets; see growth returning to NBFCs: Edelweiss Apr 03, 2017 11:06 AM IST

    RBI policy, earnings to drive markets; see growth returning to NBFCs: Edelweiss

    Rashesh Shah of Edelweiss Financial Services believes the market seems to be settling at a fairly strong base. He now sees strong credit growth coming from outside of the banking arena.

  • Securitised vehicle finance pools make sharp rebound: Crisil Mar 16, 2017 07:26 PM IST

    Securitised vehicle finance pools make sharp rebound: Crisil

    Shrugging off the effects of demonetisation, collections in securitised pools of vehicle loan receivables rated by Crisil saw a sharp recovery in January, going by payouts made in February.

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