MFIs bounce back after 7 quarters of contraction and write-offsIndia's microfinance sector shows a strong rebound. The loan portfolio expanded significantly in the March quarter. This marks a recovery a...
Microfinance sector returns to growth after 11 quarters of contraction, loan portfolio rises 5.3%The microfinance sector has turned a corner, showing growth in the January-March period. This follows a period of contraction and write-off...
US stocks: FICO shares slide as Freddie Mac, Fannie Mae begin accepting rival VantageScoreFICO shares dropped 13% after Freddie Mac and Fannie Mae announced they will accept mortgages scored by rival VantageScore 4.0. This move a...
A loan you never took; How PAN fraud is wrecking credit scores in India and what you should do to protect yourselfIndians are facing a new threat: PAN-based loan fraud. Criminals are using stolen PAN details to take out loans without consent. This is da...
Arohan Financial plans to file for IPO within a monthMicrofinance firm Arohan Financial Services is preparing to file for a ₹1,400-crore IPO within a month, aiming for a ₹600 crore primary iss...
Arohan Financial Services in final lap to file DRHP for Rs 1400 crore IPOArohan Financial Services plans a Rs 1,400 crore IPO, combining fresh issue and OFS, amid improving microfinance sector conditions. With be...
Small finance banks make it big on micro revivalSmall finance banks in India have concluded fiscal year 2026 with robust business growth. These lenders experienced higher-than-average loa...
Real-time checks to improve discipline in credit cycleLenders will now report to credit bureaus weekly, a shift from fortnightly, enhancing real-time borrower risk assessment. This move is expe...
Microfinance sector back on track with higher-value loansThe microfinance market saw growth in February. The total loan book reached Rs 3.29 lakh cr. Loan disbursements increased. Portfolio qualit...
UK watchdog fines consumer credit rater Equifax $13.4 million for role in cyber breachThe Financial Conduct Authority (FCA) said that in 2017 Equifax's parent company, Equifax Inc in the United States, was subject to one of t...
Indian software engineering manager charged with insider trading in USThe SEC said Bonthu committed securities fraud by engaging in illegal insider trading in the securities of information solutions and human ...
Equifax suffered a hack 5 months earlier than disclosed dateThe revelation of a March breach will complicate the company’s efforts to explain a series of unusual stock sales by Equifax executives.
Equifax faces multibillion-dollar lawsuit over hackData revealed included Social Security numbers, addresses, driver’s licence data, and birth dates. Some credit card information was also pu...
Equifax appoints HSBC's Manish Sinha to head country operationsEquifax India is a joint venture between the Atlanta, USA-headquartered Equifax and seven domestic financial institutions, including State ...
Equifax partners with IFC for MFU credit scoreCredit information company Equifax India today said it has partnered with IFC, a World Bank group member, to offer micro-finance risk score...
MFI delinquencies down 33% in last 6 months: EquifaxMicro-lenders in the country have witnessed a 33% improvement in delinquency by number of accounts, credit information company Equifax said...
- Tata Capital in 3-way tie-up with Crisil, Equifax for credit info co
Tata Capital has reached a preliminary understanding with the US-based credit information solutions company Equifax and Indian ratings, res...