21-June-2026
Markets and Finance
 
Credit registry for microfinance institutions
20-Jun-2026

Recordent, a credit risk and collections platform, has rolled out a credit registry for Section 8 Microfinance Institutions (MFIs) to improve credit visibility and strengthen risk assessment. The MFI Credit Registry will enable participating institutions to share and access borrower loan data through a common platform, helping lenders improve underwriting, monitor borrower indebtedness and make more informed credit decisions. The initiative comes amid efforts to strengthen credit information sharing and risk assessment across the microfinance ecosystem.

News Source:- https://www.financialexpress.com/business/banking-finance/credit-registry-for-microfinance-institutions/4272048/