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ASSOCIATION OF MICROFINANCE INSTITUTIONS
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 ...
FM asks lenders to go beyond standard loans, design credit repayments around biz cyclesFinance Minister Nirmala Sitharaman has called on banks to move beyond standard loan products. She emphasized the need for repayment struct...
For risk-takers with long-term perspective: 10 small-cap stocks from different sectors with upside potential of up to 31%If you buy small-cap stocks today, are you taking a risk or managing it? To some it might appear you are taking a risk, but there is a high...
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...
Big banks urge RBI to rethink uniform forex exposure capIn recent interactions with RBI, officials of big state-owned and private sector banks have suggested a dynamic regulation on the unhedged ...
El Nino impact: Which stocks will burn & which will fire up as market braces for heat waveIndia faces a strong El Niño, threatening below-normal rainfall and impacting agriculture. While rural-linked sectors like two-wheelers and...
Bad Memories of Another Day for Lenders as Bihar Moves to Regulate MicroloansBihar's new microfinance law could stall the sector's rebound. The state assembly passed a bill regulating money lending, a move that may p...
Bihar microfinance bill may spoil the sector's recoveryBihar's new microfinance law could disrupt the sector's recovery. The bill limits borrowers to two lenders, a change from the industry norm...
RBI wants MFIs to expand product baseThe Reserve Bank of India is urging microfinance companies to diversify their lending beyond traditional group-based loans. Officials recom...
Microfinance institutions in Karnataka show 10% portfolio growthMicrofinance Institutions (MFI) in Karnataka have a loan portfolio of Rs 46,000 crore, with a 10% year-on-year growth, according to a repor...
Microfin lenders mull dedicated special-purpose funding bodyMicrofinance lenders in India are considering setting up a dedicated funding institution to provide a consistent stream of long-term financ...
Indian microfinance sector seeks a dedicated funding institution in line with Bangladesh modelThe small and medium-sized microfinance lenders more than often struggle to mobilise funds while banks are generally more liberal in openin...
MFIs to play leading role in India's economic growth: StudyAccording to PwC, the global market size of the MFI industry is expected to grow by USD122.46 billion from 2021 to 2026 at a compound annua...
NextGen ties up with Sa-Dhan to promote digital paymentsNextGen plans to bring technical solutions like setting up an UPI Auto pay platform for regular EMIs as an auto pay function, riding on the...
RBI raises concerns over dual microfinance regulation in AssamDuring the first meeting of the newly formed Assam government and microfinance stakeholders in Guwahati on Saturday, RBI officials are said...
- Microfinance: Recovery after the ravages
Three years after the Andhra Pradesh crisis tore through microfinance, the sector is on the mend.
- SKS Micro raises Rs100-cr via non-convertible debentures
SKS Microfinance, the country’s largest microfinance player in terms of assets, has raised Rs 100 crore through an issue of non-convertible...