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You Searched For "microfinance industry" and got 19 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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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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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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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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1 min read

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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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

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…

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8 mins read

India's financial institutions were hit hard by Modi's demonetisation move, but here's why BFSI still managed to sail through

According to Roopank Chaudhary - Associate Partner & Head, McLagan India, there has been a sign…

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Vodafone is depending on its enterprise business to drive growth

This move comes along as Vodafone is looking to beef up its enterprise services at a time when its …

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1 min read

Micro-finance companies are not lending in Uttar Pradesh, here’s why

In Maharashtra, Microfinance Institutions (MFIs) have also confirmed the same. “Overall collection …

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Microfinance gross loan portfolio grew by 61% FY15: MFIN

Over the past three years, microcredit has been a boost for millions of people with low income who …

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1 min read

Bandhan moves one-step closer to becoming India’s first Micro Fin turned full-time Bank. Know how

Chairman and Managing Director Chandra Shekhar Ghosh said that they had received funds and were exp…

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7 mins read

Thinkers/Thinkers 50: Microfinance institutions should stop charging useless rates to become attractive says Stuart Hart

In the second part of his interview to the Chairman of Indian Council of Competitiveness, Amit Kapo…

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3 mins read

Are MFIs Striking A Balance Between Profit And Social Responsibility?

Microfinance, which was non-existent till early seventies, came into being in 1974 when Dr Muhammad…