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MFIs 30-plus delinquency may rise to 14-16% in June: Report

MFIs 30-plus delinquency may rise to 14-16% in June: Report SECTIONS Last Updated: Jun 11, 2021, 03:50 PM IST Share Synopsis In the absence of a loan moratorium this year, more MFIs are likely to opt for permitting restructuring under the Reserve Bank of Indias (RBI) Resolution Framework 2.0 announced last month, and continue with higher provisioning, the report said. Agencies These MFIs also have the liquidity to cover over two months of debt repayments - even after assuming nil collections - ...
Krishnan Sitaraman Ajit Velonie Crisil Ratings Reserve Bank Resolution Framework Senior Director

NBFCs stop lending on fear of rising defaults

NBFCs stop lending on fear of rising defaults Top Searches NBFCs stop lending on fear of rising defaults Mamtha Asokan / TNN / Updated: May 24, 2021, 11:17 IST FacebookTwitterLinkedinEMail CHENNAI: Hit with a drop in instalment collections due to the Covid-induced lockdowns across the country, non-bank lenders are slowing fresh disbursements and even halting them for unsecured loans. From an average default rate in collection efficiency at 2-3% in pre-Covid times, non-banking finance companies...
Tamil Nadu Sanjeev Srivastav Business News Pre Covid Iifl Finance Collection Efficiency

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Parañaque recognized as country's sixth richest city – Manila Bulletin

(Screenshot / Facebook / Mayor Edwin L. Olivarez / MANILA BULLETIN) Niño Raymond B. Alvina, Bureau of Local Government Finance (BLGF) executive director, released last month the top 10 provinces, cities, and municipalities in local revenue generation for fiscal year 2019. BLGF bases selection in different performance areas, namely Nominal Locally Sourced Revenues (LSR), Collection Efficiency (CE) of LSR, and Year-On-Year Growth in LSR. Mayor Edwin Olivarez commended the city treasurer’s offi...
Edwin Olivarez Screenshot Facebook Anthony Pulmano Edwinl Olivarez Raymondb Alvina Bureau Of Local Government Finance
Source: mb.com.ph

'In Q4, we are looking at growing the business, but methodically'

‘In Q4, we are looking at growing the business, but methodically’ Surabhi Mumbai | Updated on Nitin Chugh, Managing Director and CEO, Ujjivan Small Finance Bank   -  BusinessLine× ‘Credit demand has started returning as people get back to their livelihoods. Disbursement is even stronger in January. Demand is coming from across sectors’ The micro-finance sector is showing signs of improvement barring some lagging areas and customer sets. However, there is demand for credit, said Niti...
Nitin Chugh Ujjivan Small Finance Bank Managing Director Ujjivan Small Finance West Bengal Micro Finance

Detailed text transcripts for TV channel - CNN - 20100811:17:53:00

>> several flies, yes. that was done and then the eyes were plucked out and what was left is a dye. now, this dye is something that can be used to stamp a surface and reduce the structures on the eye. and when they begin to make this process industrially scaleable, thats the whole idea. we dont have to be killing a lot of flies. just begin with a few flies, collect the eyes, make a few of these dies and make the devices in order to improve the light collection efficiency. >> i want to ask you ab...
Didnt Budge Process Industrially Scaleable Collection Efficiency

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