Muthoot Microfin reported a more than 13-fold rise in Q1 net profit to Rs 81 crore, driven by 49% higher loan disbursements, lower credit c...

Fintech startup Navi, co-founded by Sachin Bansal, is planning to file draft IPO papers in the March quarter of FY27 to raise about Rs 3,00...

Non-banking finance companies are poised for a strong April-June quarter, with analysts predicting a 20% rise in assets under management. T...

The development comes nearly four years after Navi first filed for an IPO, seeking to raise Rs 3,350 crore. The company received an approva...

Microfinance institutions are poised for significant growth, with assets under management expected to surge by 20% in FY27. This accelerati...

Microfinance borrowers' repayment behavior may face challenges from inflation and reduced household cash, though the West Asia conflict has...

In the evolving world of India's microfinance sector, fresh credit risks are emerging on the horizon. The dual challenges of an unsteady mo...

The Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...

Housing finance companies have emerged stronger after facing challenges. Asset quality has improved significantly. Loan growth is picking u...

Banks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...

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...

IDFC First Bank has successfully secured a substantial allocation of over Rs 500 crore from the Credit Guarantee Fund for Micro Units. This...

The microfinance sector is showing signs of a turnaround, with several small finance banks and NBFC-MFIs reporting increased business volum...

Muthoot Microfin CEO Sadaf Sayeed reports positive impacts from MFIN's guardrails, reducing multiple loan borrowers from 20% to 8%. Muthoot...

Microfinance Industry disbursed loans worth Rs 66,681 crore during July-Sept 2021 quarter registering a robust Y-o-Y growth of 96% by value...

Overall microfinance industry has grown by 39 per cent year-on-year in April-June quarter of the fiscal and total size of the microfinance ...

While 88 per cent of the total cashless disbursements were through NEFT/IMPS by MFIs in 2016-17, repayments through cheques constituted 50 ...