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3 mins read

Customer protection 'guiding light' of revamped microfinance regulations, says RBI deputy governor

Reserve Bank of India’s (RBI) deputy governor M Rajeshwar Rao on Friday outlined several measures i…

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2 mins read

Gurgaon-based Indifi disbursed ₹2,800 crore worth of loans to small business owners

Gurgaon-based Indifi disbursed ₹2,800 crore worth of loans to small business owners

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3 mins read

OPINION: How new age NBFCs are changing the small ticket business loan landscape in India

As of March 2021, India’s total lending market size stood at ₹156.9 lakh crore, recording around 10…

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1 min read

NBFCs NPA ratio jumps to 6.1 pc: RBI

Mumbai, Dec 24 () The non-banking financial company (NBFC) sector, which has been affected by a ser…

PTI   


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1 min read

Microfinance industry growth slows to 24.22 pc in Q3

As on December 31, 2019, the industry served 5.64 crore unique borrowers through 10.11 crore loan …

PTI   


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1 min read

Fitch makes a case for ending lockdown ⁠— says stimulus isn't enough to save the financial sector

"Both are fairly significant in size and will help to support the more vulnerable borrower segme…

PTI   


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2 mins read

NBFCs hail RBI's additional liquidity support move to tide through Covid crisis

"It (TLTRO) is a very-very favourable decision. Now, they (RBI) have specifically allotted (liquidi…

PTI   


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2 mins read

Tata, Nilekani promoted Avanti Finance to soon raise USD 30-40 mn

Avanti Finance is present in 25 districts across seven states (Bihar, Jharkhand, Karnataka, Mahara…

PTI   


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2 mins read

Govt-backed credit guarantee needed to ensure banks overcome risk averseness while lending: CII

"In this hour of need, NBFC and MFI sector has the ability to ensure smooth and continuous flow of…

PTI   


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2 mins read

Fitch Solutions says RBI may cut interest rates by 75 bps by March 2021

RBI also relaxed the 90-day non-performing asset (NPA) classification norms for accounts being gra…

PTI   


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2 mins read

FM to meet PSU bank chiefs on Monday; to review credit flow

"PSBs complemented RBI on loan moratorium. Their effective communication & proactive actions e…

PTI