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Community Development | Global Developments in Inclusive Financial Systems frbsf.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from frbsf.org Daily Mail and Mail on Sunday newspapers.
NITL declares dividends for funds under its management for the year ended June 30 dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
The combined micro credit portfolio of all lenders stood at Rs 2,47,839 crore at the end of FY21 with banks accounting for 44% of the market. NBFC-MFIs contributed 32% to the total market size, microfinance industry association Sa-Dhan said. ....
0 Collections of the microfinance sector are likely to witness a shortfall of 10%-15% on a consolidated basis in May 2021. The variation among microfinance institutions (MFIs) could be wider, depending on their level of concentration in regions where lifting of restrictions could be slow, says India Ratings and Research (Ind-Ra).
Collections for microfinance institutions (MFIs) and small finance banks (SFBs) have declined 3%-5% in April 2021 and additional 5%-7% in May 2021, the first fortnight of the month, both on a month-on-month basis.
Ind-Ra opines that MFIs could again see credit costs in the range of 3% to 6% in FY2021-22, if the early trends of the collection performance were to persist. ....
MFIs revival: Major risks, gaps facing microfinance in India RBI should take cognisance of the situation and work together with sector representatives and government to eliminate the flaws and make the microfinance industry more vibrant Dr. Saibal Paul | April 2, 2021 | Updated 11:20 IST It is understood that gaps in different spheres are pushing the microfinance sector into severe political risks The Reserve Bank of India s (RBI) recent announcement on harmonising policies for regulated entities working in the sphere of microfinance is a welcome move. Andhra Pradesh (AP) and recently Assam have facilitated regulations in the microfinance sector. As evident, the AP ordinance has almost squashed the entire sector, a once-thriving industry, there are only 5 MFIs operating in the state now. ....