Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Loan Disbursal to Micro-Finance Institutions Rises 43%
The Business Guardian
|January 12, 2025
The quarterly average ticket size of Micro Finance Institutions (MFIs) loan disbursal rose 43 percent from Rs 35 thousand to Rs 50 thousand between September 2021 to 2024, as per the Financial Stability report of the IIFL Capital.
-
The report, however, noted the issue of delinquencies, as it observed that the rate was high among borrowers with loans from multiple lenders and those with higher credit exposure.
The report highlighted that nearly half of the borrowers availing the unsecured loans have another live retail loan, often a high-ticket loan.
About 11 percent of borrowers with Personal Loans (PL) greater than Rs 50,000 had an overdue personal loan and over 60 percent had availed more than three loans during FYTD.
Moreover, nearly three-fifths of customers who availed of personal loans in 2QFY25 had more than three live loans at the time of origination. As a result, impairment is rising in unsecured loans.
This story is from the January 12, 2025 edition of The Business Guardian.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Business Guardian
The Business Guardian
Sasikala floats new party on Jayalalitha's birth anniversary
Expelled All India Anna Dravida Munnetra Kazhagam (AIADMK) leader VK Sasikala on Tuesday announced that she would launch a new Dravidian party, as she launched the party flag on the occasion of former Chief Minister J Jayalalithaa's 78th birth anniversary.
1 mins
February 25, 2026
The Business Guardian
'Delhi Assembly sets benchmark in transparency, sustainability'
Marking one year in office, Delhi Legislative Assembly Speaker Vijender Gupta unveiled a comprehensive performance report, describing the past twelve months as a \"deeply transformative year\" focused on modernization, transparency, and sustainable governance.
1 min
February 25, 2026
The Business Guardian
KERALA PASSES NATIVITY CARD BILL AMID OPPOSITION WALKOUT
Govt says card will allow Keralites living anywhere in world to assert Malayali identity with dignity
1 mins
February 25, 2026
The Business Guardian
Government plans PPP redevelopment of Ashok, Samrat hotels
The Government of India, under the National Monetisation Pipeline (NMP) 2.0 has proposed the redevelopment of two brownfield hotels in New Delhi.
1 mins
February 25, 2026
The Business Guardian
Sri Lanka Tourism Promotion Bureau Hosts High-Profile Networking Evening in New Delhi Alongside SATTE 2026
The Sri Lanka Tourism Promotion Bureau (SLTPB) successfully hosted a high-profile Networking Evening on 23rd February 2026 at Hyatt Centric Janakpuri, parallel to South Asia’s Travel and Tourism Exchange (SATTE) 2026.
1 min
February 25, 2026
The Business Guardian
Sensex, Nifty fall sharply amid IT sell-off pressures
The Indian stock market on Tuesday ended in red with benchmark indices Sensex and Nifty declining up to 1.28 per cent.
1 mins
February 25, 2026
The Business Guardian
INDIA-US TARIFFS AFTER SUPREME COURT VERDICT: AN EXPLAINER
After the US Supreme Court struck down sweeping duties, President Donald Trump imposed a temporary 10 per cent global levy, lowering India's reciprocal tariff burden for 150 days.
6 mins
February 25, 2026
The Business Guardian
Government approves rail upgrades covering Maharashtra to Jharkhand
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Tuesday approved three railway projects with a total cost of about Rs 9,072 crore.
1 min
February 25, 2026
The Business Guardian
Standardisation, Compliance and Collaboration: Key to MSME Growth, Say Leaders at BIS-IIA Industry Meet Hosted by BIS
The Bureau of Indian Standards (BIS), in association with the Indian Industries Association (IIA) ~ Delhi State, organised the BIS-IIA Delhi State Industry Meet at Crowne Plaza, Rohini, focusing on the importance of standardisation, stakeholder awareness and MSME preparedness in a compliance-driven global economy.
1 min
February 25, 2026
The Business Guardian
CENTRE CLEARS RS. 1,677 CRORE UPGRADE FOR SRINAGAR AIRPORT
While announcing the decision, Union Minister Ashwini Vaishnaw said, “The new Civil Enclave project, spread over 73.18 acres
1 mins
February 25, 2026
Listen
Translate
Change font size