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...
by Arpan Sarma | Feb 3, 2022 | Uncategorized
There was a time when you needed to actively participate in conversations with MFIs (microfinance institutions) in an effort to successfully convince them that digitizing their business is mission-critical & should be their number one priority. That time is long...
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...
