Microfinance News

Funding concentration in the microfinance sector deepened in Q1, with large companies receiving 98.1% of the total funding, reflecting financiers' preference fo

IndusInd Bank's MD, Rajiv Anand, stated that the difficult period for its microfinance business is over, with an expected growth of 15-20% in FY27. The bank ant

Crisil predicts that small finance banks will see an improvement in asset quality, with Gross Non-Performing Assets (GNPA) expected to drop by 120 basis points

Crisil Ratings predicts that small finance banks will see improved asset quality and a decline in gross non-performing assets by March 2027, driven by microfina

Banks are increasingly shifting their microfinance strategy, preferring to lend to microfinance institutions rather than direct borrowers, leading to a reclassi

India's microfinance sector is showing signs of recovery, driven by strong credit demand, reduced competition, and improved regulations and technology adoption,

Microfinance initiatives are reportedly finding ways to help individuals escape the cycle of debt.

The Kerala High Court has directed the government to consider sanctioning the prosecution of Vellappally in connection with the SNDP microfinance scam.

Ananya Birla-promoted Svatantra Microfin has filed for a Rs 3,000 crore IPO, comprising fresh shares and an offer for sale, with the company reporting Rs 21,093

The RBI has proposed a new framework for loan pricing, which includes benchmark-linked rates and board-approved policies, along with tighter rules on loan sprea

The Reserve Bank of India has proposed new guidelines requiring banks to disclose lending rates monthly and reset floating loans quarterly. These norms, aimed a

Fusion Finance plans to reduce its microfinance loan portfolio to 70% by fiscal 2029, diversifying into larger individual and small business loans, aiming for ₹

The microfinance sector saw improved asset quality in June, with loans at risk falling to 2.3% due to lenders addressing bad loans. Loan amounts increased as le

The Special Investigation Team (SIT) has filed final reports in 17 microfinance scam cases in Kerala, with no irregularities found in 30 of the 124 cases probed

Muthoot Microfin states that the impact of El Niño on rural borrowers is easing due to improved rains, allowing the company to diversify beyond traditional grou

As banks and smaller microfinance institutions reduce their lending, larger microfinance companies like Muthoot Microfin and Satin Creditcare are increasing the

Muthoot Microfin, a microfinance company based in Kochi, is awaiting a response from the Reserve Bank of India (RBI) before it can proceed with raising External

CreditAccess India, the promoter of CreditAccess Grameen, has sold a 2.28% stake through block deals to provide liquidity to long-term investors. This sale aims

India's microfinance sector contracted by four percent to ₹3.26 lakh crore in the first quarter, influenced by an uneven monsoon and increased lender caution. T

V Vaidyanathan, MD & CEO of IDFC Bank, stated that the bank's credit cost was 2.13% of loans, slightly above the 2.10% guidance. Encouraged by first-quarter cre

CreditAccess Grameen reported a significant five-fold increase in its Q1 net profit, reaching Rs 493 crore, driven by improved repayments and better asset quali

Parithad Petampai, the new CEO of Muangthai Capital, Thailand's largest microlender, defends the crucial role of microfinance in supporting vulnerable populatio

Misha Sharma of Dvara Research highlighted the challenges nano enterprises in India face in accessing formal credit at MSME Sparks 2026, proposing policy interv

This daily roundup covers several startup updates, including SAVE Microfinance raising Rs 40 crore in debt funding, BAAS Technologies securing Rs 5 crore in pre