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Microfinance sector News

06 Mar 2015

MUDRA Bank can be positive for microfinance sector: ICRA

With Non Banking Finance Companies- Microfinance Institutions (NBFC-MFIs) likely to have overall debt of Rs 360 billion to Rs 420 billion by March 2016, re-finance from MUDRA Bank could constitute a major portion of the overall debt of the MFIs, according to rating agency ICRA.

microfinance sector

16 Feb 2015

Microfinance sector on revival path; loan-book grows over 50%

The country's microfinance sector witnessed an over 50 per cent jump in the total loan-book at the end of December quarter to Rs 314.5 billion as the non-bank lenders expanded their reach to 28.7 million borrowers, an industry body said today.

microfinance sector

26 Jun 2014

Crisil sees 35% growth for MFIs, loan-book at Rs 45K-cr by FY15

The microfinance sector is likely to see buoyant growth in the medium-term and assets are set to reach Rs 45,000 crore by March 2016, says a report.

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