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Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…
ANI
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
IndusInd Bank and Tata Power Renewable partner to provide collateral-free solar loans to MSEs
Through this collaboration, Tata Power Renewable and IndusInd aim to ease the transition to solar e…
Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
Paytm to focus on big ticket loans to low-risk credit-worthy customers
India's leading payments and financial services distribution company Paytm has announced its expans…
ANI
FM announces credit guarantee scheme, other measures for MSMEs
The credit guarantee scheme for MSMEs in manufacturing will operate on the pooling of credit risks …
PTI
Sebi puts Manappuram Finance's arm Asirvad Micro Finance IPO on hold
Capital markets regulator Sebi has kept in "abeyance" the proposed Rs 1,500 crore Initial Public Of…
PTI
Google has removed 2,500 fraudulent loan apps from its Play Store, says FM
The matter is also regularly discussed and monitored in the meetings of the Financial Stability…
PTI
I'm a millennial first-time buyer who moved into a micro home village. I had to downsize my stuff, but it was worth it for the community.
Kristi Campbell bought a tiny home in Atlanta for $235,000. She said its affordable price allowed …
Alcynna Lloyd
IIFL Finance emerges as second largest gold loan NBFC
The market leader in gold loans is Muthoot Finance with an AUM of Rs 66,089 crore, as of Sept…
PTI
RBI governor asks realty companies to stress test their books
The governor of Reserve Bank of India (RBI) Shatikanta Das said on Wednesday that the recent measur…
India’s corporates in ‘wait and watch’ mode as consumption loans zoom
Large corporates are still not driving India’s credit growth as private capital expenditure is yet …
1 in 2 micro loans are being rejected since April, thanks to RBI's new microfinance framework
One out of every two applications for small loans have been rejected ever since the Indian central …
India’s small digital businesses have a capital problem and this will only grow
Indian digital small and medium sized enterprises (SMEs) are on a growth path but suffer from a wor…
Fusion Micro Finance lists at a 2% discount amid volatile market conditions
Fusion Micro Finance’s stock listed at ₹360.5 – that’s ₹7.5 lower than its allotment price of ₹368 …
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…
MSME sector is on a strong growth trajectory post the pandemic: SBI Research
MSMEs have shown resilience to bounce back from the pandemic-induced slowdown, with credit growth t…
Four IPOs to raise over ₹4,600 crore this week
At a time when the stock market is on an upswing despite negative cues from global markets, the pri…
India’s microfinance loan portfolio stands at ₹3 lakh crore with 6 crore unique borrowers
The Indian microfinance loan industry today serves 6 crore unique borrowers having 11.8 crore loan …
A banker's checklist for MSMEs who want a loan
Micro, small and medium enterprises are at the heart of India’s economy. According to the Confedera…