Thursday, August 5, 2021
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microfinance industry

Hyderabad-based startup’s initiative to empower women

Cognitochain developed a Blockchain-led framework for the microfinance industry and is being implemented in Stree Nidhi programme

Microfinance industry grows 23% in FY20

Grew at a sluggish rate in first half and Q4 saw good uptake

Microfinance industry grew 48 per cent in Q2

The total number of microfinance loan accounts stood at 9.79 crore as of September compared to 7.43 crore accounts last year, said Micrometer report for July-September 2019 released by industry body Microfinance Institutions Network (MFIN).

Govt plans debt waiver for ‘small distressed borrowers’

Corporate Affairs Secretary Injeti Srinivas said discussions have been held with the microfinance industry regarding criteria for the proposed waiver for small distressed borrowers from the economically weaker section .

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