Page 2 - Microfinance Industry

MFIs face tough recovery path; profitability seen by FY26-end: CRISIL

CRISIL says MFI profitability to normalise only by end-FY26 as legacy slippages and state-level disruptions in Karnataka and Tamil Nadu slow down recovery prospects

Avendus explains why it is the 'opportune time' to invest in MFI stocks

MFI stocks india list: As the MFI industry navigates through the transitional phase, Avendus lists why it is bullish on the sector from a medium-to-long term perspective, and what should investors do

This MFI lender's stock soars 7% even as Q1 profit plunges; Here's why

While the microfinance industry (MFI) is still navigating stress, JM Financial believes CreditAccess Grameen is best positioned to recover early

IFC announces equity investment of $20 million in Transvolt Mobility

IFC makes its first-ever equity investment in an EV platform, investing $20 million in Transvolt Mobility to help scale its electric fleet and create 8,200 jobs over the next five years

Borrower indebtedness in microfinance declines to 11.7%: RBI report

Despite rising stress in microfinance portfolios, RBI notes decline in borrower indebtedness as tighter underwriting and regulatory caps limit over-lending

ESAF Bank to sell ₹735 cr in NPAs, write-offs amid MFI sector stress

ESAF Small Finance Bank approves sale of ₹735 crore in stressed loans to ARCs, with over 90% provisioned; microfinance delinquencies continue to weigh on sector

Microfinance industry refashions itself amid opportunities and challenges

Central bank has taken a sympathetic view of institutions by easing some lending norms

Share of small-ticket gold loans to rise as RBI eases the LTV norms

Repo rate cut, liquidity infusing to aid NBFCs performance

RBI considers fresh guidelines to curb mis-selling: Deputy governor Rao

RBI Deputy Governor M Rajeshwar Rao flags unethical recovery practices and high interest rates in microfinance, says guidelines to address mis-selling may be considered

Spandana Sphoorty plans to scale back operations in Kerala and Gujarat

Stock down 4.4 per cent on BSE; eyes 20 per cent AUM growth in FY26

CreditAccess Grameen Q4 results: Net profit down 88.1% at ₹47.2 crore

Net profit drops to ₹47.2 crore in Q4FY25 due to accelerated write-offs, even as FY25 profit rises 63.2%; lender targets up to 18 per cent loan growth in FY26

Microfinance provisions peaked in Q4, says IDFC First Bank MD and CEO

Provisions against microfinance segment have peaked in Q4FY25

A phoenix moment for MFI stocks as they rise from the ashes of doubt

Darkest hour is over, MFI stocks soar 15-21% as crisis turns into catalyst

IndusInd Bank says conducting internal review of microfinance business

IndusInd's shares, which have fallen 13% since the derivative accounting lapse was disclosed, closed 5% lower on Tuesday

Microfinance firm Satin Creditcare expects 10-15% loan growth in FY26: CMD

Microfinance firm Satin Creditcare Network is aiming 15 per cent loan growth during the current financial year, on account of expected good monsoon and easing interest rates. "We have closed FY '25 with the Assets under Management at Rs 11,300 crore registering a growth of 7 per cent but the coming year should be better in terms of business," Satin Creditcare Network Chairman cum Managing Director HP Singh told PTI. The stress in the microfinance sector is settling down and it should take one or two quarters for things to get normal depending on the individual entity, he said. Going forward, he said, "we expect loan growth of 10-15 per cent as there is normal monsoon forecast and easing interest rate bringing down cost for us and our customers." Asked about fund needs to meet business expansion, he said, there is a good pipeline to take care of growth requirements for the current financial year and the company can raise further capital in case of need. Last month, Satin Creditcare

Microfinance: Its rising importance and relevance in the Indian economy

Presently, MFIs account for around 40% of the portfolio while the remainder is shared by banks, SFBs and NBFCs. The overall portfolio touched Rs 4.4 trn with around 85 mn unique borrowers last year

India subprime loans on edge of crisis with distress among 68% borrowers

The $45 billion industry will probably muddle through its latest difficulties, though analysts want the central bank to come up with more robust supervision

MFI loans down 41.7% to 11.9 million in Dec quarter, NPAs zoom: Report

The number of microfinance (MFI) loans disbursed by lenders declined 41.7 per cent to 1.19 crore in the December quarter, according to a report by credit information company Crif High Mark. The amount disbursed to the borrowers who come from the poor and marginalized communities declined 34.9 per cent to Rs 63,440 crore as against Rs 97,400 crore in the year-ago period. Loans unpaid for 31 to 180 days jumped to 6.4 per cent of the portfolio at the end of December 2024, from the 2 per cent level in the year-ago period, the Crif report said. The overall portfolio declined by 4 per cent on-year and by 5.4 per cent on- quarter to Rs 3.91 lakh crore, the report said, attributing it to industry calibrations, including regulatory guidelines, risk realignmentand changes in underwriting and collection strategies. Crif said the ongoing shifts on the metrics may have its origins in the moves undertaken by the industry lately. "Stricter regulatory guidelines, such as caps on the number of ..

Spandana Sphoorty slips 6% in 2 days, nears record low on growth concerns

In the past six months, the market price of Spandana Sphoorty has tanked 60 per cent, as compared to the 10 per cent decline in the BSE Sensex.

China cracks down on wealth flaunting, sets new rules for finance sector

In recent years, the Chinese government has increased its actions and criticism of conspicuous consumption and the flaunting of wealth on social media