“Business has returned to normalcy. We hope to end the year on a reasonably good note,”

Ujjivan Small Finance Bank managing director Samit Ghosh said credit cost is petering off and repayment is back to pre-demonetisation level.

The report also noted that the improvement was wide spread across almost all affected districts except the Vidarbha region of Maharashtra, ...

"The demonetisation effect is stabilised, it is a kind of plateau compared to last quarter to this quarter," HKN Raghavan said

VP Nandakumar, Manappuram Finance says that the company plan to have 50% revenue from gold loan and 50% from non gold segment by 2025.

Motilal Oswal predicts 44% profit growth for Bajaj Finance.

Pools backed by microfinance (MFI) receivables are under stress and being closely monitored, while those backed by home loans have remained...

Satin announced that its board has approved the formation of wholly-owned subsidiary.

The Rs 55,000-crore sector may see loan losses in the range of 1-3% of the overall portfolio, Antique Stock Broking said in a research repo...

In a note on Monday, Ind-Ra said securities backed by tractor loans witnessed highest movement of delinquent loans mainly because of the hi...

According to data shared by the firm, its cumulative collection efficiency in fact improved to 91.2% in the demonetisation period during No...

Maharashtra government will form a special investigation team to look into complaints of irregularities and violations of RBI guidelines by...

Promoters of the Kerala-based micro lender are selling a significant minority stake in the company, a subsidiary of Muthoot Fin-Corp, peopl...

Microfinance companies across the country have seen a dip in lending post November 8 when Prime Minister Narendra Modi announced demonetisa...

this should apply only in respect of instalments which have fallen due around the period the demonetisation was announced and which have be...

MFI borrowers are expected to face cash flow mismatch, thereby reprioritising their expenses which will result into overdues for MFIs.

The grassroots lenders had to do forego ‘collections’ (collection of debt repayment in instalments) this week, resulting in a shortfall of ...