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You Searched For "microfinance" and got 17 results


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2 mins read

Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley

Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…

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7 mins read

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…

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6 mins read

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…

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1 min read

Microfinance

Microfinance

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Microfinance lending shows strong growth in 2022, NBFC MFIs dominate the market

Average balance per account witnessed quarterly growth of 0.8% and grew 5.2% Y-oY as of December 22…

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Bihar surpasses Tamil Nadu to top average borrower loans in the country

The microfinance sector in India continues to grow, with a total outstanding portfolio of ₹337.6 th…

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2 mins read

Speedy, small loan market sees Muthoot Microfin make an entry

The loan amount can range between ₹10,000 to ₹30,000. The entire loan process, including disburseme…

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4 mins read

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 …

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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

Kotak Mahindra Bank acquires microfinance institution Sonata Finance for ₹537 crore

Kotak Mahindra Bank said on Friday that it has executed a binding share purchase agreement to acqui…

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3 mins read

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 …

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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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Nobel Peace Laureate Muhammad Yunus says building the rural economy is the key to halt migration

Microfinance institutions should create programmes like venture capital to create entrepreneurs …

PTI   


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Bandhan Bank shares have gained 54% since lockdown started⁠— but the numbers will reveal the real damage to rural India from COVID-19

So far, the share price reflects some optimism. It’s up over 54% since the lockdown starting Mar…

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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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Do away with GST on services by microfinance companies: Industry's Budget wish-list

New Delhi, Jan 9 () Microfinance industry body Sa-Dhan in its wish-list for Budget 2020-21 has urge…

PTI   


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Exclusive: This Junior Birla’s packing in a Big Punch, meet Ananya Birla

Her Mumbai-based startup was officially launched on March 1, 2013, and offers micro loans at one of…