Asset quality pressures on micro-lending ease in Q2Fy22: CRIF High Mark

The gross loan portfolio in microfinance rose by 2.1 per cent growth at Rs 2.49 trillion at end of September 21.

Premium

Imaging: Ajay Mohanty

Mumbai

2 min read Last Updated : Dec 8 2021 | 1:06 AM IST

Reflecting a turnaround in the microfinance space, asset quality pressure eased sequentially with loans in the 30-plus day passed dues (DPD) bucket, declining to 10.4 per cent in the quarter

Topics : microfinance industry digital lending NBFCs

First Published: Dec 7 2021 | 1:19 PM IST

Explore News

Stock Market Updates VinFast Auto | Tesla Stock To Watch Today Latest News Live Asian Games LIVE updates Vedanta Ltd.SSC CHSL Tier-1 Result 2023 Declared Gold-Silver Price Asian Games Day 4 Highlights Asian Games 2023 September 28 Schedule

Companies News

Adani group appoints new auditor for its main UK subsidiaries: Report Google, Facebook, X, Edtech Cos likely to pay up to 18% IGST from October 1

Sports News

Asian Games 2023: Indian men's 10m air pistol team strikes Gold at Asiad Asian Games LIVE updates, Day 5: Shooters win Gold; India medal tally - 22

India News

IPS officer who cracked Pulwama attack called back to Manipur amid violence Fire at Mukherjee Nagar: Delhi police books paying guest facility owner

Economy News

India's diamond firms in the rough as global trade sanctions mount Angel tax norms: Govt extends safe harbour to convertible preference shares

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Continue

Asset quality pressures on micro-lending ease in Q2Fy22: CRIF High Mark

The gross loan portfolio in microfinance rose by 2.1 per cent growth at Rs 2.49 trillion at end of September 21.

Also Read

Focus now on faster NPA resolution to ensure NARCL's success: Analysts

TMS, Ep 33: NPA accountability framework, Kamal Bali Q&A, jewellery stocks

What lies ahead for microfinance institutions after pandemic disruption?

AU Small Finance rallies 11% as GNPAs remain stable in Q1 despite lockdown

How toxic Delhi air is leaving businesses in the capital gasping for breath

Is India getting its act together on privatisation?

Russia's Rosneft signs deal with Indian Oil to supply crude oil in 2022

Centre's fertiliser subsidy bill expected to rise 62% in FY22: CRISIL

No plans to boost cryptocurrency sector in India, FinMin tells Lok Sabha

PSBs restructure over Rs 58,500 cr loan advanced to 1 mn MSME acc: Govt

Explore News