Page 6 - Microfinance Institutions

Covid-19 impact: Confusion over moratorium norms hit smaller MFIs hard

Many are worried about not being able to meet their loan obligations this month; several either have started defaulting or are about to

MFI operations come to halt in lockdown districts; biz severely impacted

Estimates suggest the locked down districts account for close to 50% of microfinance business in India; banks and SFBs could also be impacted

Microfinance institutions pain on the rise: Explained in four charts

The portfolio-at-risk (PAR) in the 1-30 due-past-date (DPD) period rose by 60 basis points (bps) to 1.9 per cent over the previous quarter

NBFC-MFIs show moderation in leverage for three consecutive quarters

During the December quarter (Q3FY20), NBFC-MFIs received a total of Rs 10,960 crore in debt funding, up 16 per cent from Q2FY20

MFIs disbursed Rs 63,968 cr in Q3; banks lead with 40% market share

Banks continued to lead, with 40% of the industry's market share

Anti-CAA protests in Assam: MFIN asks RBI forbearance for extended payments

The anti-CAA protests have led to delays in repayments in the entire north-east region, pockets of Uttar Pradesh, as well as in parts of West Bengal

Bandhan Bank's C S Ghosh is Business Standard Banker of the Year 2019

Chandra Shekhar Ghosh has turned a small microfinance NGO into a formidable private bank

MFIs managing risk by turning to tech innovation to ensure loan repayment

The technological interventions were necessitated by the increasing cases of defaults in the microfinance segment

Microfinance sector grows at 42.9% in Q1 FY20 as asset quality deteriorates

The data was released by the Microfinance Institutions Network (MFIN), the representative body of microfinance institutions

Micro lenders' net interest margins to face pressure over competition: KPMG

KPMG said the MFI sectors awaited parity in terms of restrictions related to lending when compared to small finance banks

MFIN proposes common code of conduct for banks and NBFCs in microlending

With multiple lenders chasing same set of borrowers in rural areas, signs of over-borrowing are now apparent in microfinance

Microfinance institutions' equity investments see 40% surge

NBFCs-MFIs accounted for 28% of the total portfolio

Timely equity infusion in MFIs boosts asset quality, says Icra report

Several MFI players reported over 98 per cent collection efficiencies for the loans disbursed after January 2017