These institutions are more than just financial entities; they empower rural women to take charge of their finances and become catalyst in making thei
Data from Sa-Dhan that conducts research on impact financing institutions show that the galloping pace of growth helped the MFIs increase their share
MFIs understand the importance of tech. About 75% of firms surveyed by a global consultancy for MFIN said they had an alliance with fintech companies.
The Portfolio At Risk (PAR) levels for the MFI industry spiked in FY21 due to the lockdown in the first half of the year.
MFIs could again see credit costs in the range of 3-6% in FY22, if the early trends of the collection performance were to persist, according to India
However, good on-balance sheet liquidity and sizeable provisions created by most MFIs in FY2021 will provide a cushion to them for absorbing further s