You Searched For "microfinance sector" and got 18 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…
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
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 …
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
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…
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…
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
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
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
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
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
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…
3 mins read
FM Nirmala Sitharaman to meet PSU bank chiefs on May 11 to review credit flow
The RBI had on March 27 slashed the benchmark interest rate by a massive 75 basis points and al…
PTI
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…
2 mins read
COVID-19 crisis: Aviation, jewellery sectors face high credit risks, says report
"Subsequent to our FY2020 ratings action, the current COVID-19 pandemic triggered crisis has led t…
PTI
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, …