From April 1, microfinance lenders are set to cap borrowers' access to a maximum of three lenders, aiming to prevent overleveraging. This r...

"Board of Inditrade Microfinance at its meeting held today reviewed the current status and decided to call off the merger on account of ino...

"The company has received an intimation from Inditrade Microfinance Limited (IMFL), a debt listed company and a material subsidiary of the ...

Inditrade Microfinance has a loan book of around ₹350 crore, with about three-fourths of it coming from Karnataka, Kerala and Tamil Nadu. J...

Bhubaneswar-headquartered Annapurna Finance and Kolkata-grown Janakalyan Financial Services are also looking for equity expansion, two peop...

Sidbi Venture Capital Ltd (SVCL) is all set to invest Rs 25 crore in Kolkata-based micro lender Janakalyan Consultancy & Services Pvt Ltd, ...

There may not be any immediate survival risks, but will they be good enough to fulfil the inclusive banking mandate? That remains to be see...

There were 11 small MFIs with a GLP of less than Rs 100 crore, 19 entities with a GLP of Rs 100-500 crore, and 21 large players with Rs 500...

BJP had given money from its funds to SMVL to publish a newspaper. Some prominent BJP leaders were either directors or stakeholders in the ...

West Bengal chief minister Mamata Banerjee today inaugurated two bridges on rivers-Kangshavati and Subarnarekha in Junglemahal .

Cooperative banks which are on an acquisition spree may have to wait a while to enjoy tax-breaks on M&As.

A regional Bangladeshi group has urged the government to sign the three billion dollar investment deal with Indian conglomerate Tata, sayin...

The Central Board of Direct Taxes has ruled that TDS will not cut out the interest a 'member' of a co-operative bank receives on deposits.