Microfinance: How to manage borrowers of non-income generating loans
Traditionally, microfinance loans in India have been earmarked for income-generating activities, officially accounting for about 95% of all loans disbursed.
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Secured Assets Add Balance To Bajaj Finance Book
Focus on loan against property, new car finance, microfinance and tractor loans reduces risk.
Muthoot Microfin CEO on journey to IPO, future of microfinance
“Microfinance industry is in a very sweet spot and more because of the regulatory environment that RBI has created," says Sadaf Sayeed, CEO, Muthoot Microfin.
Bajaj Finance to launch microfinance, tractor and commercial vehicle financing
The NBFC major is estimated to add 14 million customers—11 million offline and 3 million digital--- in this financial year.
Bajaj Finance’s Fire Fighter
Rajeev Jain has led the Pune-headquartered company’s digital transition and launched new lines of businesses, adding to its heft.
CA Grameen: A Resilient Ecosystem
Business efficiency and prudent lending practices have kept the Dutch-owned micro lender on top of the MFI pyramid.
Micro credit grows to ₹2.63 lakh cr, MFI loans up 19% in 2021-22
The average ticket size per loan stood at ₹39,903 as on March 2022 whereas it was ₹36,510 as on March 2021.
RBI's microfinance rules offer more flexibility to NBFCs: ICRA
This comes days after the banking regulator removed the cap on the rate of interest charged by microfinance NBFCs.
Microfinance causing 'debt trap', 'harsh recovery'; needs stringent regulations: RBI Dy Guv
MFIs that account for 70% of loan portfolio not guided by regulations meant to protect customers, says deputy governor Rajeshwar Rao.
Is India on the cusp of a new fintech revolution?
India has liberalised regulations relating to geospatial data and maps. The sweeping changes are radical and Prime Minister Narendra Modi may have unleashed a trillion dollar fintech opportunity.
