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Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...- ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
- Manappuram Finance shares fall 3% after Q4 earnings: Here's why Jefferies, other brokerages are bullishManappuram Finance shares dipped despite a strong Q4 FY26 profit, driven by a surge in gold loans. While brokerages like Jefferies turned b...
- Gold ETFs shine amid rising geopolitical tensions and strong gold price rally: ICRA AnalyticsGold ETFs have seen a sharp rise in investor preference amid geopolitical tensions and a strong rally in gold prices, ICRA Analytics said. ...
- CreditAccess Grameen looks to scale down microfinance growth, says MD & CEO Ganesh NarayananCreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to becom...
- Don't buy HDFC Bank yet, but don't sell it either. Nischal Maheshwari on what the smart investor is doingMarket expert Nischal Maheshwari advises patience amidst geopolitical and corporate governance concerns, highlighting HDFC Bank's attractiv...
- 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...
- Cashpor and Sanghamithra to get NBFC-MFI license following RBI's new microfinance rulesThese are not-for-profit companies registered under Section 8 of the Companies Act, 2013. The RBI has withdrawn certain benefits for such l...
- Microfinance reaching less than 20% of potential household: Equifax’s Manu SehgalReaching to last mile borrowers is going to be the key to NBFC-MFIs future growth, holds Manu Sehgal, Business Development Leader, Equifax.
- ET successfully concludes first edition of NBFC & MFI Summit 2018March 8th 2018: The Economic Times NBFC & Micro Finance summit held today at The Lalit Mumbai saw industry doyens deliberate on growing sig...
- The ET announces the first edition of NBFC & MFI Summit 2018Mumbai, 6th March 2018: Owing to the growing significance of Non-Banking Financial Companies NBFCs & Micro-Finance Institutions MFIs in the...
- Bharat Financial evaluating all options for stake-sale, says Managing Director MR RaoManaging Director M R Rao told ET that consultant is evaluating all options including share-swap or all-cash deal.
- We are still quite bullish on the two-wheeler sector: Alok J Patel of Arman FinancialsSo liquidity for the NBFC sector has been improving and I think that will continue to do so. So NIMs will be stable as per my prediction.
- MFI space is a growing space which grew by 8% last year: Narayan SA, Kotak Mahindra Bank"BSS as of now is in Karnataka and Maharashtra. They have already started exploring and getting into Madhya Pradesh." Narayan SA said.
- Budget 2013: FM offers an additional Rs 100 crore dose to help MFIs raise capitalThe government has lent another helping hand to microfinance companies by topping up a dedicated microfinance development fund with a fresh...
- Microfinance sector will benefit from passage of MFI Bill: PH Ravikumar, SKS Microfinance"I look forward to the bill being passed because I would say that puts all major macro factors needed for the growth of the sector in place...
- Banks, NABARD may play a bigger role in MFI funding: Allahabad BankIn an interview with ET Now, MR Nayak, ED, Allahabad Bank, talks about MFI funding. Excerpts:
- Large portion of NPAs coming from agriculture, SME sector: MR Nayak, Allahabad BankIn an interview with ET Now, MR Nayak, Executive Director, Allahabad Bank, talks about credit growth outlook and future plans.
- Avoid SE Investments and SKS Microfinance: Deepak MohoniSE Investments is struggling a fair amount. It had peaked at over Rs 40 end of last year, declined quite heavily during the bear market.
- Bandhan slashes lending rate to 19.1%In A move that could spark off a rate war among microfinance institutions (MFI), Bandhan Financial Services has slashed lending rates by ne...
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