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You Searched For "microfinance bank" and got 20 results


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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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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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2 mins read

India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter

Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …

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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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2 mins read

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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3 mins read

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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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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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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4 mins read

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 …

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2 mins read

Fincare SFB to be amalgamated into AU Small Finance Bank

In a significant development in the small finance banking sector, Fincare Small Finance Bank (Finca…

PTI   


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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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2 mins read

PNB's net profit zooms 327% to Rs 1,756 crore, highest in 14 quarters

Public sector lender Punjab National Bank (PNB) on Thursday reported a 327 per cent jump in net pro…

PTI   


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4 mins read

Block deal bonanza for investors as bull run continues

Indian stock market indices are scaling new highs every day with the Nifty having scaled Mt 21,000 …

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3 mins read

Private sector banking ripe for consolidation: Yes Bank ready for inorganic growth but not merger, says CEO Prashant Kumar

Yes Bank may consider acquiring a microfinance institution after completing its turnaround. The CEO…

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3 mins read

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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8 mins read

Improving workplace decorum – ‘RBI’s recommendations can be seen as onerous but we have to move in that direction,’ says Yes Bank’s CEO

CEO of Yes Bank, Prashant Kumar, has stated that if a bank wants to be customer-centric, it also ne…

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4 mins read

IndusInd Bank likely candidate for rerating after Q4 profit surge of 46%

IndusInd Bank’s shares surged on Tuesday after the private sector lender reported a robust set of n…

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5 mins read

Time to move on from CEO extension debate for IndusInd Bank and focus on the fundamentals

IndusInd Bank’s stock has come under selling pressure recently after the lender’s chief executive o…