The growing issue of inflation failed fiscal policies, and limited opportunities in the present-day global landscape have crippled the lives of many in developing countries such as Pakistan.

The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) after they improved their compliance following a series of supervisory restrictions. High interest rates ...

The latest Financial Stability Report released by RBI showed that the asset quality stress in the microfinance sector has doubled in the April-September 2024 period, with loans due more than 31 ...

The new rules also bar lending to clients that have defaulted over 60 days or have an outstanding loan of Rs 3,000 or more. The date of implementation of the fresh guardrails has been pushed as ...

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 ...

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View Full Image Source: Tijorifinance.com In the September Quarter, small finance banks reported a record percentage of microfinance institution (MFI) loans that had remained unpaid for 30-180 days.

Investigations in progress would take about another week to progress clearly and until then microfinances have been asked not to harass beneficiaries for recovery of loans, the minister said.

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.

Additionally, there was a notable rise in borrowers availing loans from multiple lenders. According to the Financial Stability Report, the share of stressed assets in the microfinance (MFI) sector ...