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Mumbai, Dec 9...

MFI Disbursements Drop 10% in Q2: Credit Quality Concerns

December 9, 2024 19:31
Microfinance institutions saw a 10% drop in disbursements in Q2 as credit quality deteriorated. MFIN reports a rise in loan defaults and a cautious approach by lenders.

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Mumbai, Nov 25...

MFIs Tighten Lending Norms After RBI Strictures

November 25, 2024 17:52
Microfinance Institutions Network (MFIN) announces new lending norms to make lending more responsible following RBI concerns on high interest rates and multiple loans. The new rules limit...

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Mumbai, Oct 8...

MFIN Tightens Underwriting for Lenders Amid Over-Indebtedness

October 8, 2024 16:20
MFIN, the microfinance industry's self-regulatory body, has tightened loan underwriting guidelines to address concerns about over-indebtedness among borrowers. The revised guidelines aim to ensure...

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Kolkata, Aug 2...

MFI Sector Lowers Rates, Demonstrating Maturity - MFIN

August 2, 2024 13:51
Microfinance Industry Network (MFIN) reports a reduction in interest rates by microfinance entities, attributed to efficiency gains and responsible lending practices. Learn more about the sector's...

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Mumbai, Aug 1...

Micro Lenders Cut Rates: RBI Flags 'Usurious' Charges

August 1, 2024 17:25
Microfinance institutions have cut loan interest rates and adopted guardrails following RBI's concerns about 'usurious' charges. MFIN, the industry body, says members have reduced rates by 1.50%...

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Microfinance Indebtedness Limit: MFIN Proposes Rs 2 Lakh Cap

July 9, 2024 13:42
MFIN recommends limiting micro-credit indebtedness to Rs 2 lakh per borrower and restricting lenders to a maximum of four. The industry body emphasizes responsible lending and data quality for...

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NBFC-MFIs Top Micro-credit Providers in India | Report

June 12, 2024 18:21
NBFC-MFIs are the largest provider of micro-credit in India, accounting for nearly 40% of disbursements, according to a new report by MFIN. Learn more about the microfinance landscape.

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Kolkata, Feb 12...

MFIs Seek More Penetration for Growth

February 12, 2024 17:53
Microfinance Institutions (MFIs) aim to increase household coverage and loan portfolio, highlighting the sector's potential for growth and impact on the Indian economy.

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Microfinance Loan Portfolio Hits Rs 3.76 Lakh Cr in Q2 FY24: MFIN

December 5, 2023 18:48
Microfinance loan portfolio reached Rs 3.76 lakh crore at the end of Q2 FY24, serving 7.1 crore borrowers, according to MFIN. Disbursements during the quarter touched Rs 76,054 crore, reflecting a...

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Mumbai, Dec 5...

MFI Loans Dip in Q2, Average Ticket Size Grows: Report

December 5, 2023 18:21
Microfinance loan volume decreased in Q2, but average ticket size increased, leading to growth in overall lending. Read more about the MFIN report and its findings.

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