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As banks shrink microfinance books, bigger lenders prepare to grab the gap
Large microfinance companies including Muthoot Microfin and Satin Creditcare have raised their growth forecasts as private banks, small finance banks and smaller MFIs scale back lending. Improving asset quality is also supporting expansion by larger, well-capitalised microfinance lenders.
Raccontata da
economictimes.indiatimes.com
Timeline cronologica
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As banks shrink microfinance books, bigger lenders prepare to grab the gap
Large microfinance companies including Muthoot Microfin and Satin Creditcare have raised their growth forecasts as private banks, small finance banks and smaller MFIs scale back…
- ·
As banks shrink microfinance books, bigger MFIs prepare to grab the gap
Large microfinance companies including Muthoot Microfin and Satin Creditcare have raised their growth forecasts as private banks, small finance banks and smaller MFIs scale back…
- ·
Fusion Finance aims to cut microfin share, offer larger retail loans
Fusion Finance plans to reduce microfinance loans to seventy percent by fiscal 2029. The company will introduce larger individual loans while focusing on small business lending. …