Heads of microfinance institutions (MFIs) emphasize the difficulty in lowering interest rates without access to cheaper funds ...
The rise in delinquencies has come amid a contraction in the overall microfinance portfolio in September which stood at Rs ...
Furthermore, originations dampened further in Q2 FY25, with a 13.3 per cent drop in value and 16.1 per cent drop in volume in ...
The microfinance industry contracted in Q2 FY25 with delinquency rates on loans rising to 4.3 per cent in September 2024.
Explore key recommendations by Sa-Dhan for strengthening microfinance institutions and expanding credit access in underserved ...
The report highlighted that borrowers with an overlap of microfinance and retail loans exhibited higher delinquency rates ...
Mumbai: The year-on-year delinquency rates on microfinance loans, where instalments are overdue by 30 to 180 days, jumped to 4.3% as of Sep 2024, up from 2% a year earlier. Even as delinquencies rose, ...
Microfinance institutions are calling for government support and a dedicated funding mechanism to address growing challenges, including regulatory issues and rising delinquencies. A meeting chaired by ...