Large microfinance companies including Muthoot Microfin and Satin Creditcare have raised their growth forecasts as private banks, small fin...

CreditAccess India, the promoter of India’s largest pure-play microfinance lender CreditAccess Grameen, has sold a 2.28% stake through bloc...

Microfinance loans saw their first increase in over a year during the January-March 2026 quarter, despite a continued drop in borrower numb...

Diversified group Eleven has injected Rs 216 crore into its financial services arm, pushing total investment to Rs 470 crore over four year...

The Credit Guarantee Scheme for Microfinance Institutions-2.0 has been extended. This extension will last until August or until guarantees ...

The Finance Ministry has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 until August 31, 2026, or until Rs 20,000 c...

Satin Creditcare Network's promoters will invest Rs 100 crore through convertible warrants, increasing their stake to 38.32% from 36.17%. T...

Satin Creditcare Network has secured $20 million through dollar-denominated bonds from BlueOrchard Microfinance Fund. This private placemen...

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

Asset quality stress in the NBFC-MFI sector surged in FY2025 due to borrower overleveraging, sociopolitical disruptions, and operational ch...

Under the agreement, the NBFC-MFI will borrow a $35 million ESG-linked loan for up to seven years through the external commercial borrowing...

These are not-for-profit companies registered under Section 8 of the Companies Act, 2013. The RBI has withdrawn certain benefits for such l...

"The same is likely to be continued going forward, supported by healthy demand in the industry, increasing level of economic activity and i...

In the wake of the Andhra Pradesh micro finance crisis in 2010, a Sub-Committee of the Central Board of the Reserve Bank was constituted to...

In line with falling lending rates, Reserve Bank fixed base rate or the minimum lending rate at 9.45 per cent for NBFC Micro Finance Instit...

As per ICRA estimates, the MFI sector, including self- help groups (SHGs) and NBFC-MFIs, had a total portfolio of Rs 780 billion as on Sept...

MFIN, the umbrella body of micro-finance companies, will be seeking the RBI's approval to become a self- regulatory organisation by month e...