IndusInd Bank faces fresh whistleblower allegationsThe new complaint alleges insider trading by Samir Agarwal, former zonal head of eastern India at IndusInd Bank, manipulation of financial ...
03 Jun, 2026, 03.05 PM IST
Regional curbs dampen microfin revival in South India as biz looks upTamil 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...
03 Jun, 2026, 06.44 AM IST
Arohan Financial Services files IPO papers with Sebi; eyes Rs 600 cr via fresh issueUS Teachers Insurance and Annuity Association, a retirement financial services firm, Michael & Susan Dell Foundation, Aavishkaar Goodwell I...
18 May, 2026, 05.47 PM IST
Small finance banks make it big on micro revivalSmall finance banks in India have concluded fiscal year 2026 with robust business growth. These lenders experienced higher-than-average loa...
06 Apr, 2026, 12.56 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
Credit guarantee scheme unlikely to benefit lower rated MFIsA new credit guarantee scheme aims to boost lending to microfinance firms. However, banks remain cautious. They will prioritize financially...
22 Mar, 2026, 08.02 PM IST
Size of microfinance business contracts for the third quarter in a rowMicrofinance business in India shrank for the third consecutive quarter due to heightened asset quality stress. Key players like CreditAcce...
25 Feb, 2025, 09.40 PM IST
RBI moves, asset quality to push NBFCs slow down asset growth to 15 pc in FY25, FY26: CrisilRBI's regulatory actions and asset quality trends will slow down NBFCs' AUM growth to 15-17% in FY25. Stressed microfinance and unsecured l...
02 Dec, 2024, 05.34 PM IST
Muthoot Microfin records 32% YoY asset growth, loan collection efficiency soarsMuthoot Microfin, a listed pure-play microfinance lender, reported a 32% year-on-year growth in assets under management (AUM) along with a ...
08 Apr, 2024, 10.15 AM IST
Microfinance loan portfolio stands at Rs 3.76 lakh cr at end of FY'24 Q2: Industry bodyAccording to the report prepared by Microfinance Institutions Network (MFIN), a self-regulatory body of the NBFC-MFIs, microloan disbursals...
05 Dec, 2023, 08.01 PM IST
'The real work starts now.' Ananya Birla announces Chaitanya India acquisition, remembers decade-long journey; Harsh Goenka says 'proud of my little girl'The acquisition, valued at Rs 1,479 crore, positions Svatantra as the second-largest Non-Banking Financial Company-Microfinance Institution...
25 Nov, 2023, 12.55 PM IST
Pahal receives $12 million investment from DFC for rural financial inclusionBased in Ahmedabad, Pahal is registered with the Reserve Bank of India as a Non-Banking Financial Company that provides microfinance servic...
28 Sep, 2023, 08.18 PM IST
CreditAccess’ growth plans to keep Street hooked onto stockThe lender reported a sustained momentum in borrower additions. In the fourth quarter of FY23, it added nearly 5.5 lakh customers compared ...
24 May, 2023, 06.22 AM IST
Satin Creditcare Network Q4 results: Company posts net profit of Rs 38 cr"March quarter was a lot better than the earlier quarters. The three months were practically back to pre-pandemic levels," its Chairman and...
14 Jun, 2021, 10.17 PM IST
Muthoot Microfin plans to raise Rs 350 cr via share saleMuthoot Microfin is planning to raise Rs 350 crore by selling shares during the current year, to fund business growth. Besides, the microfi...
25 Apr, 2021, 03.44 PM IST
Ujjivan Financial Services lists at Rs 231.90, a premium of 10.4% over issue price of Rs 210The Rs 885-crore IPO, which between April 28 and May 2, received stellar response with subscribed bids stood at 41 times the offer sized.
10 May, 2016, 05.55 PM IST
FIIs pick 5% stake in SKS Micro in Q2 on unmaterialised licence hopesSKS Microfinance, it said, “will maintain its growth trajectory in the near term and estimate a healthy AUM growth of nearly 40 per cent ov...
12 Oct, 2015, 11.18 AM IST