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Microfinance asset quality improves further as loans at risk fall to 2.3% in June: CRIF
The microfinance sector experienced a noticeable easing of asset quality stress in June, thanks to lenders aggressively addressing bad loans, which bolstered the portfolio's performance. The average loan amounts saw an uptick as lenders prioritized dependable borrowers. Meanwhile, the seasonally driven slowdown caused loan origination to level off, although NBFC-MFIs recorded a significant increase in their portfolio shares over the past year.
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economictimes.indiatimes.com
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…
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Microfinance asset quality improves further as loans at risk fall to 2.3% in June: CRIF
The microfinance sector experienced a noticeable easing of asset quality stress in June, thanks to lenders aggressively addressing bad loans, which bolstered the portfolio's…
