What is the reasons for recent stress in MFI and the way out. - Chaitanya India
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As of March 2024, the Gross loan portfolio of Micro Finance industry has grown to Rs 4.42 lakh crore, up 26.8% over the previous year. Though active loans have grown 14% YoY, the Average ticket size has also increased by 12% YoY. While the industry witnessed best of asset quality trends in the last 2 years, Q1'FY25 saw some concerns over AQ led by elections, heatwave and overleverage. MFIN (Industry and Self-regulatory association) has also issued guidelines to limit the micro-indebtedness for every borrower up to Rs 2 lakh with a maximum of 4 lenders.
To answer all of this, and any other questions you might have, Investec India is pleased to host the virtual MFI Expert Series.
To answer all of this, and any other questions you might have, Investec India is pleased to host the virtual MFI Expert Series.