You Searched For "microfinance loans" and got 17 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…
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…
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…
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
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
Speedy, small loan market sees Muthoot Microfin make an entry
The loan amount can range between ₹10,000 to ₹30,000. The entire loan process, including disburseme…
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 …
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 …
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
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…
1 min read
IIFL Finance emerges as second largest gold loan NBFC
The market leader in gold loans is Muthoot Finance with an AUM of Rs 66,089 crore, as of Sept…
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 …
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…
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…
ANI
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 …
3 mins read
Indians are taking more personal loans, buying consumer goods on credit, says report
Personal and consumer durable loans almost doubled between FY19 and FY22, despite a lull for two ye…
2 mins read
Charlie Javice, the founder of student loan assistance company Frank, appears in court over allegations she bought or invented email addresses to claim millions of users
JPMorgan Chase bought Javice's company, Frank, which purported to have 4 million users and help col…