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'Money lending has become prudent and conservative'

'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.' Illustration: Dominic Xavier/Rediff.com Microfinance institutions (MFIs) have become......

Debt trap turns tragic for Andhra MFI chiefs

Life seems to have turned a full circle for some professionals in the microfinance industry of Andhra Pradesh, but with tragic consequences.About a year and a half back, microfinance institutions......

When will EC ban loan waiver poll promises?

Every political party loves to use the bait of loan waiver to woo the electorate.If their hearts bleed for the poor, they can always use the party funds to pay off the lenders, suggests Tamal......

30 suicides rock Andhra Pradesh! Microfinance bodies under lens

As many as 30 rural borrowers have committed suicide in Andhra Pradesh in the last few months following their inability to pay back loans taken from microfinance institutions at exorbitant interest......

Poor rains may hit MFI recoveries

Experts have said stress building in rural areas due to deficient rains may hit the repayment capacity of borrowers and, in turn, affect MFIs.After a controversy over their debt-collection tactics,......

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Andhra Mfi

News for Andhra Mfi

'Money lending has become prudent and conservative'

Debt trap turns tragic for Andhra MFI chiefs

When will EC ban loan waiver poll promises?

30 suicides rock Andhra Pradesh! Microfinance bodies under lens

Poor rains may hit MFI recoveries

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