Microfinance sector seeks support to tackle its several challenges
Microfinance has shown capability and resilience in every crisis: Demonetisation or Covid-19. Attention to the issues it ...
Budget impact: Grameen Credit Score likely to restore credit discipline in microfinance, say experts
Microfinance leaders anticipate the implementation of a new Grameen credit score framework to restore lending discipline ...
moneycontrol.com11d
Budget 2025: 3 steps that can help empower microfinance industry
Over the years, the microfinance industry (MFI ... financial inclusion to the last mile. Today, MFI-led Joint Liability Group (JLG) programs and bank-led Self-Help Group (SHG) movements ...
rediff.com11d
Private sector banks' credit costs up in Q3FY25 on higher provisions
Similarly, Kotak Mahindra Bank’s credit cost rose due to higher provisioning for its microfinance portfolio ... of additional provision on joint liability group (JLG) loans, compared to 48 ...
Business Today18d
Q3 earnings effect: RBL Bank shares hit 52-week low, more pain ahead?
The bank made additional provisions of rS 414 crore for its Joint Liability Group (JLG) portfolio, raising NPA coverage for this segment to 85%. Disclaimer: Business Today provides stock market ...
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RBL Bank net income plunges 86% in Q3 amid higher provisions for bad loans
Expecting a spike in bad loans from the microfinance book, the bank chose to make an additional provision, on a prudential basis, of Rs 414 crore on gross NPAs of the joint liability group ...