by Arvind Balasubramanian | Mar 8, 2023 | Uncategorized
The microfinance industry has been witnessing stellar growth over the last decade. The sector grew 16.5 times, from ₹ 17 thousand crore in 2012 to ₹ 2.85 lakh crore in 2022[1]. With a market share of 37.53 %[2], NBFC-MFIs stand as the leading financial provider in...
by Arvind Balasubramanian | Nov 25, 2022 | Uncategorized
What was once the IT industry’s problem has now moved to the banking sectors among which, Microfinance Institutions (MFIs) are the most affected. According to research by Microfinance Institutions Network (MFIN)[1], the total attrition rate in the MFIs stands at...