Andhra Mfi

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Debt trap turns tragic for Andhra MFI chiefs

Life seems to have turned a full circle for some professionals in the microfinance industry of Andhra Pradesh, but with tragic consequences.About a year and a half back, microfinance institutions......

Poor rains may hit MFI recoveries

Experts have said stress building in rural areas due to deficient rains may hit the repayment capacity of borrowers and, in turn, affect MFIs.After a controversy over their debt-collection tactics,......

'Money lending has become prudent and conservative'

'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.' Illustration: Dominic Xavier/Rediff.com Microfinance institutions (MFIs) have become......

At 9.3 mn, a third of MFI borrowers are defaulters

Almost one in every three borrowers did not repay loans to microfinance companies since the industry plunged into a crisis in October 2010.In absolute terms, close to 9.2 million customers (almost......

Bandhan is reborn as a bank

For India’s leading MFI-turned bank, the challenge is to stay competitive while pricing its loans While launching Kolkata-based Bandhan Financial Services' full-fledged commercial banking......

Andhra Mfi

News for Andhra Mfi

Debt trap turns tragic for Andhra MFI chiefs

Poor rains may hit MFI recoveries

'Money lending has become prudent and conservative'

At 9.3 mn, a third of MFI borrowers are defaulters

Bandhan is reborn as a bank

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