The new complaint alleges insider trading by Samir Agarwal, former zonal head of eastern India at IndusInd Bank, manipulation of financial ...

Tamil Nadu saw a 2.3% quarter-on-quarter squeeze in the state's microfinance outstanding portfolio to Rs 38,900 cr at the end of March, whi...

US Teachers Insurance and Annuity Association, a retirement financial services firm, Michael & Susan Dell Foundation, Aavishkaar Goodwell I...

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

Piramal Finance has crossed Rs 1 lakh crore in assets under management. The company plans to acquire a microfinance institution to boost it...

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

Microfinance business in India shrank for the third consecutive quarter due to heightened asset quality stress. Key players like CreditAcce...

RBI's regulatory actions and asset quality trends will slow down NBFCs' AUM growth to 15-17% in FY25. Stressed microfinance and unsecured l...

Muthoot Microfin, a listed pure-play microfinance lender, reported a 32% year-on-year growth in assets under management (AUM) along with a ...

According to the report prepared by Microfinance Institutions Network (MFIN), a self-regulatory body of the NBFC-MFIs, microloan disbursals...

The acquisition, valued at Rs 1,479 crore, positions Svatantra as the second-largest Non-Banking Financial Company-Microfinance Institution...

Based in Ahmedabad, Pahal is registered with the Reserve Bank of India as a Non-Banking Financial Company that provides microfinance servic...

The lender reported a sustained momentum in borrower additions. In the fourth quarter of FY23, it added nearly 5.5 lakh customers compared ...

"March quarter was a lot better than the earlier quarters. The three months were practically back to pre-pandemic levels," its Chairman and...

Muthoot Microfin is planning to raise Rs 350 crore by selling shares during the current year, to fund business growth. Besides, the microfi...

The Rs 885-crore IPO, which between April 28 and May 2, received stellar response with subscribed bids stood at 41 times the offer sized.

SKS Microfinance, it said, “will maintain its growth trajectory in the near term and estimate a healthy AUM growth of nearly 40 per cent ov...