Muthoot Fincorp filed draft papers with Sebi for a Rs 3,000 crore IPO. The company aims to strengthen its capital base and fund business gr...

Neo Wealth Partners has taken a significant step by acquiring a 9.9% stake in Keertana Finserv for Rs 230 crore, reinforcing its commitment...

Svatantra Microfin has filed for a Rs 3,000 crore IPO, comprising Rs 1,500 crore fresh shares and Rs 1,500 crore OFS. Promoter Ananya Birla...

Svatantra Microfin has filed for an initial public offering worth thirty billion rupees. Existing investors Advent International and Multip...

The Reserve Bank of India has proposed new lending rate guidelines. Regulated entities must declare lending rates monthly and reset floatin...

The Reserve Bank of India is harmonizing interest rate determination methods for regulated entities. New guidelines will define internal be...

Microfinance asset quality stress eased further in June, with portfolio at risk falling to 2.3 percent. Aggressive write-offs of bad loans ...

Fusion Finance plans to reduce microfinance loans to seventy percent by fiscal 2029. The company will introduce larger individual loans whi...

Banks have disbursed merely seventeen percent of the credit guarantee scheme funds. Loan sanctions remain slow as banks show caution with s...

DSP Mutual Fund’s Preethi R S remains constructive on India’s financial sector, favouring lenders with strong deposit franchises, disciplin...

The Kochi-based microfinance company received sanction letters from overseas investors in January and it has time till September to draw do...

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...

The Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economic growth forecast and lowered infl...

India's microfinance sector contracted in the first quarter after a previous rebound. Uneven monsoon progress weighed on rural demand and l...

In an interaction with Kshitij Anand of ETMarkets for Smart Talk series, Seth explains why the steady shift from physical assets to financi...

Utkarsh Small Finance Bank reported a net loss of Rs 34 crore for the June quarter, marking its fifth consecutive quarterly loss, as elevat...

Ujjivan Small Finance Bank has achieved a significant milestone by increasing its secured loan portfolio. This strategic shift now represen...