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MFI LENDER
Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...20 May, 2026, 01.17 PM IST- Over-leveraged borrowers put Rs 15,800 crore microfinance portfolio at riskMicrofinance has become a double-edged sword, with substantial debt levels amassing to about ₹15,800 crore among borrowers juggling multipl...12 May, 2026, 12.50 AM IST
- Satin Creditcare profit jumps on lower bad loan provisionsSatin Creditcare Network reported a sharp rise in fourth-quarter profit driven by business growth, lower bad loan provisions and improved a...11 May, 2026, 09.27 PM IST
- Manappuram Finance shares fall 3% after Q4 earnings: Here's why Jefferies, other brokerages are bullishManappuram Finance shares dipped despite a strong Q4 FY26 profit, driven by a surge in gold loans. While brokerages like Jefferies turned b...05 May, 2026, 10.00 AM IST
- 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
- AU SFB Q4 Results: PAT jumps 65% YoY to Rs 832 crore, NII rises 23%AU Small Finance Bank reported a robust 65% year-on-year surge in net profit for the March quarter, reaching Rs 832 crore. The lender also ...27 Apr, 2026, 05.18 PM IST
- IDFC First Bank Q4 Results: PAT grows 5% YoY to Rs 319 crore; NII up 16%IDFC First Bank announced its financial results for the March quarter of FY26. The bank's standalone net profit saw a 5% increase compared ...25 Apr, 2026, 05.38 PM IST
- Reliance Industries becomes first Indian firm to cross $10 billion annual profitReliance Industries achieved a record net profit of Rs 95,610 crore in FY26, becoming the first Indian company to surpass $10 billion in an...25 Apr, 2026, 03.33 PM IST
- As costs remain high, MFIs raise ratesMicrofinance lending rates are rising for the poorest borrowers. This is happening despite a government credit guarantee scheme designed to...20 Apr, 2026, 01.01 AM IST
- Piramal Finance AUM touches Rs 1 lakh crore; acquisitions on radar: CEOPiramal Finance has crossed Rs 1 lakh crore in assets under management. The company plans to acquire a microfinance institution to boost it...31 Mar, 2026, 05.54 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
- Microfinance lenders have written off Rs 26,000 crore of sticky loans after Covid: ReportLenders write off bad loans after making full provisions against them after a certain time period. Some lenders do it after 270 days past d...09 Jul, 2023, 05.26 PM IST
- Cashpor and Sanghamithra to get NBFC-MFI license following RBI's new microfinance rulesThese are not-for-profit companies registered under Section 8 of the Companies Act, 2013. The RBI has withdrawn certain benefits for such l...22 Mar, 2022, 11.01 AM IST
- Annapurna Finance raises Rs 260 cr in latest funding roundThe MFI lender has a pan India rural distribution network, offering micro-credit loans, home improvement, and MSME loans to individuals and...28 Dec, 2021, 03.44 PM IST
- MFIs should not throw caution to wind for higher asset growth, returns: RBI DG Rao"Any slip-up through adverse action of MFIs may undo the tremendous progress achieved over the decades and the sector can ill afford to do ...27 Oct, 2021, 02.01 PM IST
- CreditAccess Grameen gets into expansion mode“Time has come to take a position for the future,” managing director Udaya Kumar Hebbar told ET in an interview. “How long can we hold back...06 Sep, 2021, 08.16 PM IST
- Banks think small to achieve big; focus on microfinance opsBetting big on the fast-growing micro-finance sector, leading private and foreign banks are all set to scale up their MFI operations in the...29 Apr, 2009, 12.00 PM IST
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