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You Searched For "microfinance lenders" and got 20 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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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

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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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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8 mins read

This Social Enterprise Runs A Global Crowd-funding Platform; Eyes $3-5 Million In Series B Funding

Unlike many other ventures in this space, this social enterprise is a for-profit concern, but has n…

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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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1 min read

Govt approves scheme for providing liquidity to non-bank lenders: RBI

Under the special liquidity scheme, the SPV will purchase the short-term papers from eligible non-b…

PTI   


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2 mins read

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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1 min read

Government is planning easy loans for rural households

The government is considering the launch of micro-credit programme which would provide easy loans …

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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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2 mins read

Micro-finance not doing well at the markets today. Know why

TATA MOTORS: India's largest vehicle maker fell 2.5 percent to 329.50 rupees after group company Ta…

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2 mins read

5 ways Raghuram Rajan is revolutionising the banking system: The Rajan Effect

To say the least, the near-monopoly enjoyed by the PSBs in the loan market which is 77 per cent, …

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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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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

Consumption loan portfolio expands 15% to Rs 90 lakh crore in FY24, notes CRIF report

The home loans portfolio saw growth slowing down to 7.9 % YoY in FY24, from the 23 % expansion seen…

PTI   


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2 mins read

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   


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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…