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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,......

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......

Third of banks' MFI loans go into restructuring

Almost a third of loans that banks have given to microfinance institutions have been admitted for restructuring.This follows the inability of MFIs to repay.The Corporate Debt Restructuring cell has......

Death now stalks Indian microfinance institutions

Rayabarapu Venu, 48, is an enterprising man. Around six months ago, the owner of Anjali Ladies Tailor and Fashion Design Institute in Mancherial, a bustling town in Andhra Pradesh's Adilabad......

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Rediff News

Trident Microfin

News for Trident Microfin

Poor rains may hit MFI recoveries

At 9.3 mn, a third of MFI borrowers are defaulters

Third of banks' MFI loans go into restructuring

Death now stalks Indian microfinance institutions

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