Among other significant achievements of the year was the launch of Sri Lanka’s first Green Home Loans scheme and surpassing 1 million ... with 20 outlets in Bangladesh, a Microfinance company in ...
The report also highlighted a significant increase in the quarterly average ticket size of microfinance loans disbursed, which rose by 43% to Rs 50,430 in Q2FY25 from Rs 35,299 in Q2FY22.
Alarmed by how borrowers were taking loans from multiple lenders, the industry association decided to cap the number of MFI lenders to a borrower to 4 and the total microfinance loans to a client ...
Dibrugarh: Hundreds of women protesters marched through Titabor town in Jorhat district on Friday, demanding the state govt fulfil its pre-election promise of a comprehensive microfinance loan waiver.
Private lender IndusInd Bank Ltd shares rose in early trade on December 27, after the bank decided to offload its non-performing microfinance loan pool of 10.6 lakh retail loan accounts ...
Mumbai: The share of stressed loans has risen in the microfinance portfolios of Indian lenders across ticket sizes, adding to concerns about the sector. Lons that were 31-180 days past due (dpd ...
Entrepreneurs are the backbone of innovation and development. However, for many aspiring business owners, accessing financial ...
Microfinance Industry Network had in November introduced the new cap along with a few other guidelines around micro lending.
Microfinance sector faces rising delinquencies across lenders and loan sizes: RBI Shares of CreditAccess Grameen jumped nearly 10% in intraday trade on the NSE before closing at Rs 947 ...