Michael Dell backed Arohan, a micro finance company that was taken over by IntelleCash Microfinance Network in 2012, has shown the door to ...

The 10 applicants were chosen from 72 applicants following detailed scrutiny of financial viability, business plans and other checks by thr...

These MFIs raised the fund through non-convertible debentures at 12-14 per cent coupon and the NCDs were subscribed to by three mutual fund...

Applicants for small finance bank license such as Grama Vidiyal Microfinance and Sonata Finance have raised Rs 85 crore between them in a p...

Rajan had earlier said the Reserve Bank of India would be able to announce new sets of bank licences, or at least one set of them, by Augus...

MFIN elected Nambiar for the position, replacing Ujjivan Financial Services chief executive officer and managing director Samit Ghosh.

The IntelleCash-promoted Arohan Microfinance today said it has raised fresh capital worth Rs 22 crore from three investors.

Microlenders must cut operation costs to stay afloat, says Bandhan Financial Services' Chandra Shekhar Ghosh.

Intellecap, a microfinance advisory, has grown to a Rs 30 crore venture with four subsidiaries in nine years.

Shell Foundation and non-bank lender Intellecash have tied-up to provide collateral-free lending to small business units in the energy and ...

Utkarsh is the first MFI in India to get funding from IFC.

Many CEOs have walked out of glass-panelled office towers in well-lit cities and hit the dusty roads leading to villages that still have no...

It is estimated that there are over 1,000 MFIs operational in India currently, which have disbursed only 10% of the potential demand of ove...