Mfi

MFI recovery, credit cost moderation key triggers for Bandhan Bank

Stock has sharply underperformed peers and is available at reasonable levels

No plan to pass interest rate hike to MFI customers: Suryoday SFB's Babu

R Baskar Babu, managing director & chief executive officer of Suryoday Small Finance Bank, tells Manojit Saha in an interview that the regulator wants these lenders to rebalance the portfolio

Annapurna Fin eyes Rs 8,500 cr in assets by March 23; mulls SME credit arm

Gets $15 mn in equity from French investors, total fundraise reaches $100 mn

Lenders seek urgent talks between Reddy and Spandana Sphoorty

Reddy quit abruptly in November 2021, following differences with the private equity investor on the future of the MFI, and on selling it

Is the sell-off in IndusInd Bank stock a buying opportunity?

While most analysts remain positive, institutional attitude will be crucial

MFI sector's credit cost seen at 5-10% in FY22: India Ratings and Research

India Ratings and Research revised upwards its credit cost estimate for microfinance institution (MFI) sector to 5-10 per cent in the current financial year compared to earlier 3-6 per cent

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

RBI sets average base rate of 9.18% for NBFC-MFI borrowers for July quarter

RBI sets the average base rate for NBFC-MFIs on the basis of average of base rate of the five largest commercial banks

Debt waiver rumours add to MFIs' woes

Repayments have been severely impacted in western part of UP, pockets of Maharashtra