Equitas Small Finance Bank shares rally 7% on 5-fold jump in Q4 profit to Rs 213 croreEquitas Small Finance Bank shares saw a significant 7% rise. This surge followed the bank's announcement of a substantial 406% increase in ...
04 May, 2026, 10.27 AM IST
L&T Finance, Utkarsh SFB, Fusion Finance tank up to 11% as Bihar passes MFI Bill 2026. Here’s what’s causing painShares of microfinance-linked lenders fell sharply after Bihar passed a bill tightening regulations on MFIs. While the move may have limite...
27 Feb, 2026, 12.05 PM IST
MFI disbursals drop 10 pc in Q2 as credit quality takes a hitMicrofinance disbursements fell over 10% in the July-September quarter as asset quality concerns rose, with overdue loans more than doublin...
09 Dec, 2024, 08.10 PM IST
Microfinance loans continue to weigh on banksIndian lenders such as Kotak Mahindra Bank, IndusInd Bank, IDFC First Bank, and RBL Bank foresee ongoing asset quality issues in the microf...
30 Oct, 2024, 12.27 AM IST
East India leads with 40% microfinance businessThese four states account for about 40 per cent of the total MFI loan book.
16 Jul, 2019, 08.52 AM IST
NBFC-MFIs post over 50 per cent year-on-year growth in Q1 FY19Overall microfinance industry has grown by 39 per cent year-on-year in April-June quarter of the fiscal and total size of the microfinance ...
30 Aug, 2018, 07.58 PM IST
CreditAccess Grameen IPO subscribed 37% on Day 2The issue received bids for 50,76,330 shares against the issue of 1,88,29,684.
09 Aug, 2018, 08.35 PM IST
CreditAccess Grameen IPO kicks off; should you give it a miss?At the upper price band of Rs 422, the issue is valued at 2.9 times post issue book value.
08 Aug, 2018, 10.01 AM IST
NPCI starts pilot project to digitise transactions in micro finance institutionsThe customer has to dial the contact, enter the amount and Unified Payments Interface (UPI) PIN on the feature phone and the repayment gets...
22 Feb, 2017, 07.34 PM IST
Bharat Financial looks to reduce cost with digital loan processing systemThe roll-out of the technology relies on a three-step process -- Aadhar-based and online customer documentation process, credit bureau auth...
22 Feb, 2017, 05.24 PM IST
Demonetisation may slow MFIs’ disbursement rateHowever, MFIs may not be comfortable maintaining high disbursement levels at a time when their collections come under pressure.
11 Nov, 2016, 12.00 PM IST
Microfin companies will soon have up to Rs 450 crore more to lendThe ADB guarantee was designed with the objective of partnering with financial institutions that actively lend to MFIs in ADB’s member coun...
23 Jun, 2015, 06.04 AM IST
- Janalakshmi Financial Services launches financial advisory service JanaOne
JanaOne will provide financial advisory services, such as savings and pension plans, to existing Janalakshmi customers.
11 Jul, 2012, 08.01 AM IST
- RBI notifies separate NBFC category for MFIs
RBI approved creation of a separate category of non-banking financial companies for the MFI sector and specified that such institutions nee...
02 Dec, 2011, 09.18 PM IST
- SIDBI to disburse Rs 1k cr to MFI sector this fiscal
SIDBI plans to disburse around Rs 1,000 crore in credit to microfinance institutions (MFIs) during 2011-12, which is 19% more than the loan...
05 Aug, 2011, 06.32 PM IST
- Indian MFIs to build portfolio of $6.27 billion by 2012
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...
30 Jan, 2009, 01.02 AM IST
- Rising fee income strengthens MFIs’ loan book
Microfinance institutions (MFIs) can function better as loan facilitators rather than being loan providers, according to a study by Crisil.
10 Jun, 2006, 01.52 AM IST