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 Lokesh Singh | Aug 2, 2021 | Uncategorized
As elucidated in the previous piece, we can argue that Indian Microfinance may not have fulfilled all its early promises. However, it can be no one’s case that it hasn’t been impressive in its growth. How do we reconcile this dichotomy? In this piece we will talk...
by Lokesh Singh | Aug 2, 2021 | Uncategorized
Any economist worth his salt would attest that credit is the backbone of economic growth. Credit is the engine which keeps the economy going and this is as much true for Macroeconomy as it is at micro-level as well. For someone at just about the poverty level and...
by Debleena Majumdar | Aug 1, 2021 | Uncategorized
The pandemic has been hard for many sectors. This was true as well for the Microfinance industry. Collections had dipped by April 2020 as the first wave ripped through the country. And even prior to that, the sector had already been facing competition from banks as...
by Lokesh Singh | Jul 12, 2021 | Uncategorized
Indian Microfinance has definitely come a long way from the initial days and has been a force of good in the lives of millions from the underserved segments of the population. There have been certain missteps, such as the emergence of fly by night operators and...
