Search results
The target audience for the micro-lending market in India includes low-income individuals, small business owners, microenterprises, and self-help groups. This market provides small amounts of loans to these individuals that help them to cover immediate needs like working capital and emergencies.
These loans are frequently used to launch or grow small businesses, pay for unforeseen costs, fund investments in healthcare and education, and raise overall household income and living standards. The expansion of India's informal economy is another factor driving up demand for microfinance services.
Reserve Bank of India (RBI) study points out that an increase in capex by the central and state governments by one rupee each induces an increase in output by Rs 3.25 and Rs 2.0, respectively (Source: RBI Bulletin – April 2019).
22 lut 2024 · The total loan portfolio of the microfinance industry is likely to grow to Rs 4.24 lakh crore by the end of the current financial year, said Microfinance Institutions of India (MFIN) CEO and...
18 cze 2024 · NBFC-MFIs have emerged as the top micro-credit provider in India, surpassing scheduled banks in their contribution. The registered microfinance company plays an important role in offering small loans to low-income groups and driving financial inclusions. The report highlights their significant market share and growing influence in microfinance ...
scenario. Findings of NCAER study show that microfinance contributes 2.3% to India's GVA and sustains 1.2 crore jobs. In the new regulatory paradigm, it is imperative for lenders to adhere to code of conduct in letter and spirit and thereby further strengthen building of responsible finance industry.”
11 wrz 2024 · See 17 recent research reports for EQUITASBNK, BSE:543243 Equitas Small Finance Bank Ltd. from 7 source(s) with an average share price target of 106.
