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Loan waiver promises may hamper micro loan repayment, but only temporarily

Captains of the microfinance industry said that their borrowers have now become savvy and know that a good repayment ensures timely dose of loans when they require it the most. So, debt waiver announcements could only derail repayment just temporarily and would not translate into default and significant escalation in credit cost.

Madhya pradeshAndhra pradeshJiji mammenIcici securitiesLoan costLoan waiverMicro loan repaymentCovid 19Microfinance industry

Assembly polls raise loan waiver pitch, but impact may be minimal

Captains of the microfinance industry said that their borrowers have now become savvy and know that good repayment ensures a timely dose of loans when they require it the most. So, debt waiver announcements could only derail repayment temporarily and would not translate into default and significant escalation in credit cost.

West bengalMadhya pradeshAndhra pradeshJiji mammenAssembly polls raise loan waiver pitchPolls raise loan waiver pitchImpact mayLoan waiverAssembly electionsPolitical partiesMicrofinance industry

Assam floods unlikely to dent microlenders collection efficiency

Assam floods unlikely to dent microlenders collection efficiency
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Manoj kumar nambiarJiji mammenBandhan bankAarohan financial servicesKumar nambiar

Microfinance and financial health

Microfinance and financial health
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Jan dhan yojanaJiji mammenMudra yojanaAwareness fundPalli karma sahayak foundationPrime minister jan dhan yojanaAaadhar enabled payment systemUnified payment interfaceDepositors education

Non-bank microfinance companies - Non-bank microfinance companies overtake banks in micro credit market share

Combined microcredit portfolio of all lenders as of December 31, 2022, was Rs 3,24,017 crore

Madhya pradeshTamil naduUttar pradeshJiji mammen

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