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Inefficiency in MFIs leads to high interest rates: DFS secretary M Nagaraju

The reduction in the number of loan accounts and the outstanding amount during the last financial year is a cause of concern and stress for microfinance institutions (MFI), Secretary, Department of......

Loan growth, profitability seen improving for public sector banks

The Indian banking sector could be due for a rise in profitability after several quarters of net interest margin (NIM) compression. Photograph: Ajay Verma/Reuters The Q2FY26 results suggest NIMs......

MFIs' asset quality takes heatwave hit

The asset quality of microfinance portfolios worsened in the quarter ending June 2024 due to the impact of heatwaves on borrowers’ incomes and collections, coupled with rumours of loan......

RBI bars Navi Finserv, 3 other NBFCs from extending loans

The Reserve Bank of India (RBI) has barred four non-banking finance companies (NBFCs), including two microfinance institutions (MFIs), from sanctioning and disbursing loans for charging exorbitant......

Banks turn cautious on lending to smaller microfinance players

Commercial banks have turned cautious in lending to smaller microfinance institutions (MFIs), which has compelled the latter to borrow from non-banking financial companies (NBFCs) at much higher......

Mfis

News for Mfis

Inefficiency in MFIs leads to high interest rates: DFS secretary M Nagaraju

Loan growth, profitability seen improving for public sector banks

MFIs' asset quality takes heatwave hit

RBI bars Navi Finserv, 3 other NBFCs from extending loans

Banks turn cautious on lending to smaller microfinance players

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