Page 9 - Microfinance

Best of BS Opinion: Agenda for Stockholm+50, micro loan regulations & more

Here's a selection of Business Standard opinion pieces for the day

Why we need uniform micro loan regulations

The Election Commission must ban loan waiver poll promises by all political parties. If their hearts bleed for the poor, they can always use the party funds to pay off the lenders

How microfinance has become a central issue in Assam ahead of polls

According to experts, haphazard regulation of the MFI sector may be tantamount to throwing the baby out with the bathwater

Microfinance loan waiver talks in Assam, West Bengal may impact MFIs

Microfinance loan waiver talks in Assam and West Bengal have the potential to damage long-term prospects of the sector and affect repayment discipline of microfinance borrowers, says a report.

Best of BS Opinion: Peering into 2021, the nature of food, and more

Here's a selection of Business Standard opinion pieces for the day

Micro loans: Assam is not Andhra Pradesh

The Assam Bill is not a repeat of the 2010 Andhra Pradesh law, which almost killed the microfinance industry. Assam's share in micro lending is a fraction of what AP's was back then

Microloans: Early delinquencies jump to 15.7% in September, says CRIF

West Bengal, which retained its position as the top microfinance market as of September, had an early delinquency rate of 31.7 per cent

As green shoots emerge all across, confidence returns to IndusInd stock

Positive management outlook post Q2 results has tempted analysts to upgrade their rating

MFI credit costs to rise 6% in 2 yrs as customers delay repayments: ICRA

About 12% of customers had not repaid their dues till August end, says ratings agency.

Credit cost for MFIs to rise to 6-7% in two years as loans remain unpaid

About 12% of customers have not repaid till August end

Covid-19: Mahindra Finance expects loan recast worth Rs 6,000 crore

Out of 1.6 million customers, 100,000-150,000 accounts are likely to come up for restructuring, according to the company

HDFC Bank, Bajaj Fin and SBI Cards Q2 nos show rankling retail loan stress

Analysts at Credit Suisse expect retail loan delinquencies at 5-10 per cent for private banks and 9 - 12 per cent for NBFCs

Why some millennials can't manage money: Financial literacy low in Asia

To be sure, the privileges of investing and even holding financial assets are often impossible for many people in wealthy countries who are just trying to make ends meet

Green shoots: MFI stocks preferred rural plays in financials space

CreditAccess Grameen and Spandana Sphoorty at an advantage

Monthly collections from securitised retail loans up to 50% in June: Crisil

Collection ratio for loans in microfinance, commercial vehicle and mortgage space had fallen to near-zero in many pools in April 2020

Microfinance body issues advisory for member firms as moratorium ends

Reserve Bank of India (RBI), in March, had announced a moratorium on repayment of term loans in order to provide relief to borrowers impacted by the Covid-19 related disruptions

MFIs' collections rebound in a big way, but delinquencies may surge

Industry-wide data on MFIs is hard to come by due to the lockdown, but an uptick in stress was evident even before the pandemic

Covid-19 crisis: SBI's 10% term loan customers opt for moratorium on EMIs

Senior SBI executives said most of those seeking deferment are retail and micro and small enterprises and are hard-pressed for resources when earning and cash flows have almost dried up.

Why microfinance crisis is still not over even 10 years after the clampdown

Andhra Pradesh's Ordinance to regulate MFIs has been a double-edged sword for the poor, with some digging deeper into debt, writes Namrata Acharya

Microfinance industry's gross loan portfolio jumps 48% to Rs 2 trn in Q2

The top 10 states constitute 82.7 per cent in terms of GLP