Microfinance Institutions

Cautious confidence: Amid uncertainty, banks seek to steer with stability

Even as banks boast healthy books, concerns remain across the financial landscape. Raghu Mohan and Abhijit Lele explain why work is not yet complete

Have SFBs really provided the breakthrough they were intended for?

While small finance banks are solvent and working well, we need to ask if there has been a breakthrough in stretching the inclusion agenda beyond MFIs

Listed MFIs slash Q2 losses to ₹61.8 crore amid sharp drop in provisions

While Provisions bill dips; income flows stay subdued

RBI Deputy Governor Swaminathan urges MFI lenders to review pricing

At an MFIN event in Mumbai, RBI Deputy Governor Swaminathan J. said microfinance lenders must ensure pricing reflects cost and risk, improve borrower assessments

MFIs need to rebuild credibility, confidence to achieve growth: Study

Microfinance institutions (MFIs) need to rebuild credibility and confidence to achieve sustainable growth, a joint study by consultancy firm PwC and Sa-Dan, a self-regulatory organisation (SRO) of the sector, said. Microfinance, which is principally underpinned by trust among the stakeholders, who are the borrowers, field officers and lending institutions, has become more transactional, the study said. Major setbacks like demonetisation and the Covid pandemic have further exacerbated the decline in group culture in microfinance, which has had a widespread impact on repayment discipline and public confidence, the study pointed out. "Rebuilding credibility and confidence remains a major challenge to achieving sustainable growth", the study said, adding that empowering and equipping customers with adequate information is crucial in regaining their trust. According to the study, MFIs have also experienced declining support from external stakeholders, including investors and refinancers

Inefficiency in MFIs leads to high interest rates: DFS secretary M Nagaraju

DFS secretary M Nagaraju flags a sharp fall in loan accounts and disbursals, urges MFIs to introspect, consolidate operations, and revive passion for financial inclusion

Why CreditAccess Grameen outran markets in FY26? Share price at 52-wk high

The management holds an encouraging outlook for the current financial year with favourable monsoon forecasts and strengthening rural sentiment laying the groundwork for sectoral development.

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

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

IndusInd Bank fiasco: ₹674 cr wrongly booked as interest in MFI biz

IAD also flags ₹595 crore of unsubstantiated balances in "other assets", as whistleblower complaint prompts deep dive into IndusInd Bank's microfinance portfolio

Satin Creditcare drops 4% after Q4 results; Here's why profit declined 67%

The microfinance lender's stock fell as much as 4.55 per cent during the day to ₹160.2 per share, the biggest intraday loss since April 7 this year

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

Spandana Sphoorty soars 19% on heavy volumes; zooms 50% in 7 days

Kotak Institutional Equities said microfinance players are now starting to see a scenario where incremental data on forward flows, collections and SMA book is showing an improvement

Microfinance stress continues to affect loan originations: CRIF data

Rising delinquencies, over-leverage strain the sector

Sa-dhan seeks new MFI refinance body, calls for more equity support

Sa-dhan has urged the government to set up a dedicated MFI refinance body and increase flexibility in the India Microfinance Equity Fund to address funding challenges in the microfinance sector

It would help if MFIs were to get better funding: Sa-Dhan ED & CEO

The Ordinance has excluded Reserve Bank of India (RBI)-regulated entities (REs) which are in this business

MFIs bleed in December quarter as provisions, write-offs balloon

The provisions and write-offs of these MFIs jumped to Rs 2,357 crore in Q3fy25 from Rs 378.1 crore a year ago

Stress in MFIs, MSME space should stabilise in coming months: Experts

NBFCs can assess a customer differently and provide a credit solution that differentiates them from banking (companies)

CM Sarma pushes banks to shed funding unease over projects in Assam

Assam asks MFIs to identify borrowers to get balance payments

CreditAccess Grameen shares soar 10% on Jan 2 on heavy volume

CreditAccess Grameen shares: Spandana Sphoorty share price gained 3.6 per cent intraday today; Equitas Small Finance Bank 2.2 per cent; IndusInd Bank 1.9 per cent; and Ujjivan SFB 1 per cent