Karur Vysya Bank is set for significant growth. The bank plans to expand its balance sheet by entering the credit card business and offerin...

The overall microfinance gross loan portfolio stood at ₹3.34 lakh crore at the end of April, down from ₹3.39 lakh crore a month ago, said t...

In what can bring some cheer to the industry battling a host of challenges on asset quality for over a year, assets unpaid for over 30 days...

Non-banking financial companies are demonstrating early resilience, with collections holding firm across key segments like vehicle finance ...

Muthoot Microfin is shifting focus from unsecured loans to business diversification. The company aims to reduce its microfinance asset shar...

India's microfinance sector shows a strong rebound. The loan portfolio expanded significantly in the March quarter. This marks a recovery a...

The microfinance sector has turned a corner, showing growth in the January-March period. This follows a period of contraction and write-off...

Microfinance lending rates are rising for the poorest borrowers. This is happening despite a government credit guarantee scheme designed to...

CreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to becom...

In a recent advisory, Sa-Dhan, a key player in the microfinance arena, underscores the necessity of upholding lending standards for financi...

As the Pradhan Mantri MUDRA Yojana celebrates its 11th anniversary, it celebrates the spirit of entrepreneurship that thrives across India....

Small finance banks in India have concluded fiscal year 2026 with robust business growth. These lenders experienced higher-than-average loa...

A new credit guarantee scheme aims to boost lending to microfinance firms. However, banks remain cautious. They will prioritize financially...

The government has announced an ambitious Rs 20,000 crore credit guarantee scheme targeting microfinance institutions, a lifeline for those...

The microfinance sector is consolidating after a period of stress. Private banks and NBFC-MFIs have increased their lending portfolios. Whi...

The total estimated collective disbursements by NBFC-MFIs up to September could merely be Rs 2,884 crore, Microfinance Institutions Network...

RBI allowed MFIs, NGOs and other civil society organizations to work as banking intermediaries for providing financial and banking services...