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For the better part of the last two decades, this model has driven the growth and acceptability of microfinance in India.Borrowing heavily from Muhammad Yunus's successful Grameen Bank model from ...
Despite early signs of recovery in short-term defaults, the sector is shifting towards higher-ticket lending while struggling to stabilise asset quality India’s microfinance sector remains under ...
Constituting 9% of the bank’s total loan book, IndusInd Bank’s microfinance portfolio stood at ₹32,564 crore as on 31 December. According to its December quarter presentation, it is India's ...
BENGALURU/MUMBAI, Jan 31 (Reuters) - India's IndusInd Bank (INBK.NS), opens new tab on Friday said it expects to see stress in the microfinance segment stabilising from the first quarter of the ...
There's plenty of great personal finance advice on the internet, but sometimes you want the depth and focus only a book can provide. Below, CNBC Select rounded up 10 of the best personal finance ...
Though the headline gross NPA ratio rose marginally by 10 bps QoQ to 2.1 per cent, the asset quality deterioration in the microfinance segment (9 per cent of the loan book) was the most pronounced.
Loan Book Growth: 14% year-on-year ... indicating a slowdown in business volumes. The microfinance segment faced challenges, with an increase in PAR to 5.1% in September 2024 from 4.2% in June ...
Microfinance loans, or collateral-free loans to borrowers with annual income up to 300,000 rupees, comprised 9% of IndusInd Bank's total loan book of 1.91 trillion rupees as of end-September. The ...
Microfinance loans, or collateral-free loans to borrowers with annual income up to 300,000 rupees, comprised 9% of IndusInd Bank's total loan book of 1.91 trillion rupees as of end-September.
The Seductive Promise of Microfinance (Metropolitan Books, 381 pp., $31.99). In 2015, Kardas-Nelson moved to Sierra Leone and soon began to question that story. At the health organization where ...
60 percent of which is microfinance book. For the first nine months of FY24, its met profit stood at Rs 235 crore from a revenue of Rs 1,283 crore. Total disbursement stood at Rs 6776 crore while ...
As of September 2023, Axis Bank's Micro, Small, and Medium Enterprises (MSME) book stands at over Rs 2 lakh crore, a significant component of the total lending book.