You Searched For "microfinance lending" 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…
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…
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…
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…
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…
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
2 mins read
Digital lending platforms see 3x year-on-year rise in disbursals to ₹14,016 crore in Q2 FY23
Fintechs issuing digital loans witnessed an over three-fold disbursal growth in Q2. The number and …
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…
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 …
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…
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
1 min read
SIDBI to provide special liquidity for on-lending to MSMEs
"We are ously working towards helping MSMEs survive the crisis created due to the COVID-19 pandemic…
PTI
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…
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 …
2 mins read
Govt-backed credit guarantee needed to ensure banks overcome risk averseness while lending: CII
"In this hour of need, NBFC and MFI sector has the ability to ensure smooth and continuous flow of…
PTI
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…
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
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 …
2 mins read
RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth
In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…