With evolving economies, the need for financial inclusivity in rural communities is dire. Microfinance institutions have emerged as a powerful tool in ensuring that rural populations are geared ...

Learn more. Microfinance Statistics: Microfinance is a transformative financial tool designed to empower underserved individuals and communities by offering tailored services such as microcredit, ...

India’s microfinance sector is experiencing a notable rise in delinquencies, particularly in the top ten states, despite the banking sector’s celebration of a 12-year low in non-performing assets ...

The Indian microfinance sector, which is reeling from the pressure of mounting bad loans forcing lenders to slow down growth, could come out of the woods soon if the positive trends of December are ...

The microfinance sector in India has seen a decline from Rs 4.43 lakh crore in March 2024 to Rs 3.93 lakh crore by November due to slowing loan disbursals and rising asset quality stress. Collection ...

The precarious state of today’s microfinance (MFI) lenders is not so different from that of the owner, the golden goose being India’s lucrative MFI market. The MFI industry is in a lot of ...

The microfinance industry contracted in Q2 FY25 with delinquency rates on loans rising to 4.3 per cent in September 2024. Borrowers with multiple loans decreased. Lenders urged the government for a ...

The Micro Finance Institutions (MFIs) may be require to raise an incremental of approximately Rs 25,000 crore in the next 12-18 months through a combination of equity, non-convertible debentures and ...

SKS Microfinance on Friday reported a whopping nearly 19-fold jump in net profit at Rs 21.4 crore for the third quarter ended December 31 after business outside Andhra Pradesh increased.

Vikram Akula, founder of India's largest microfinance lender SKS, made a furious but cogent response to the Journal piece accusing it of making generalisations based on anecdotal evidence.