Private sector lender IDFC First Bank has partnered with the association of microfinance institutions Sa-Dhan and Delhi-based fintech solutions provider NextGen to provide digital microfinance […]
Tag: MFIs
MFIs faced up to a 10% credit loss in FY21 and FY22 due to the pandemic
During the two years of the pandemic, microlenders experienced credit losses of up to 10%, but things are improving lately, with stressed asset levels dropping, […]
SIDBI likely to revamp microfinance equity fund scheme
The Small Industries Development Bank of India may revamp the microfinance equity fund scheme to support the small and medium sized micro lenders, which perennially […]