Page 2 - Microfinance

MFI collection efficiency back at 99.6%: L&T Finance MD & CEO Sudipta Roy

Sudipta Roy said that the transfer of the gold business of Paul Merchants Finance will be completed by June 15

Signs of stress: Microfinance disbursements fell sharply by 38% in Q4FY25

While early-stage delinquencies improved, microfinance lenders saw a sharp YoY drop in disbursements and a rise in long-term repayment stress in Q4 FY25

Fusion Finance shares rise over 8% after Rs 800-cr rights issue success

Fusion Finance shares jumped as its Rs 800-crore rights issue saw 1.5x oversubscription, driven by strong backing from promoters and institutional investors

Satin Creditcare Q4: Profit falls 67% on higher credit costs, weak AUM

Satin Creditcare reported a 67.2 per cent fall in Q4 net profit to Rs 41 crore due to increased credit costs and muted asset growth; FY25 profit down 48.8 per cent

Micro lenders fret over Tamil Nadu Bill to prevent coercive recovery

The microfinance players, banks and non-banking finance companies said the checks and balances proposed in the bill are likely to hinder micro lending operations

RBL Bank's Q4 FY25 results: Net profit declines 81% to Rs 69 crore

Margin pressure, micro-finance loan write-offs dent bottom line

Microfinance defaults stay elevated in Q4FY25, says India Ratings

Credit costs to touch 9.6% for FY25; sustained recovery in collection only from H2FY26

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

CreditAccess Grameen jumps 4% after healthy loan portfolio growth in Q4FY25

CreditAccess Grameen reported stable collection efficiency trends in Q4FY25

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

NPLs in microfinance segment to peak by FY26 end: S&P Global Ratings

Tight Lending norms from April to defuse risk buildup

Rising micro loan stress: Lenders tap digital debt collection platforms

Spocto X and Credgenics are end-to-end debt collection platforms focused on digitizing the entire collection process

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

RBI invites application for SRO in account aggregator space by June 15

The complexity necessitates frequent coordination among REs to address various operational issues

Microfinance firm CreditAccess says asset quality, overdue loans moderating

Company expresses concern about business growth in Karnataka where it has its headquarters

Arcil buys Ujjivan Small Finance Bank's stressed loan folio for Rs 34 cr

ARCIL's bid translates into a recovery of 9% for the lender

Microfinance loan book shrinks 3.5% to Rs 3.85 trillion in Dec quarter

Share of overdue loans shoots to 6.4%

The phoenix of India's financial system: Microfinance's path to recovery

Karnataka is going the Andhra, Assam way to take the microfinance industry head-on. Will it rise from the current mess?

Bandhan Bank Q3FY25 results: Net profit drops 42% to Rs 426.5 crore

The lower profit was attributed to a change in the accounting policy for ESOPs, higher provisions due to stress in the microfinance portfolio

Private banks stumble on agriculture, microfinance slippages in Q3

Credit cost for most of the lenders increased due to higher provisions, mainly for unsecured retail loans