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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…
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…
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…
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 …
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…
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…
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…
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 …
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…
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 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 …
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
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
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
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 …
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…
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…
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…
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…
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…