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Page 5 - Microfinance Industry

Total gross loan of microfinance industry grows 6% to Rs 65,090 crore in Q3

Combined microcredit portfolio of all lenders as on December 31, 2018, was Rs 1,57,497 crore

Total gross loan of microfinance industry grows 6% to Rs 65,090 crore in Q3
Updated On : 21 Feb 2019 | 11:29 PM IST

Asirvad Microfinance planning to raise around Rs 500 cr from PE funds

Ahead of the fund raising, the microfinance firm is planning to raise Rs 150 crore from promoters

Asirvad Microfinance planning to raise around Rs 500 cr from PE funds
Updated On : 10 Jan 2019 | 10:34 AM IST

Microfinance sector sees 51% growth in Q2; portfolio at Rs 1.46 trn: Report

NBFC-MFIs held the largest share of the portfolio in micro-credit with total loan outstanding of Rs 540.18 bn, or 37% of the total micro-credit universe

Microfinance sector sees 51% growth in Q2; portfolio at Rs 1.46 trn: Report
Updated On : 03 Dec 2018 | 7:23 PM IST

Microfinance industry may come up with Rs 8-bn pool of saleable securities

The pool will be bundled with a mix of small and big MFI portfolios across geographies, will be credit rated and sold to banks

Microfinance industry may come up with Rs 8-bn pool of saleable securities
Updated On : 30 Nov 2018 | 1:36 AM IST

Microfinance firms brace for write-offs of Rs 5,000 crore

Debt waiver schemes announced by state governments pull down recovery

Microfinance firms brace for write-offs of Rs 5,000 crore
Updated On : 30 Dec 2017 | 1:43 AM IST