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MICROCREDIT IN INDIA
India always spread peace in world: PresidentPresident Murmu emphasized India's commitment to peace through dialogue, contrasting it with global conflict. She lauded PM Modi's leadersh...
Risks cloud hover over microfinanceThe Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...
Credit at the tap: The opportunities and risks of India’s digital lending boomIndia's digital lending is rapidly transforming credit access, with mobile apps now disbursing significant loan volumes, especially to youn...
These 8 private and public banking stocks have an upside of up to 35% in one year, according to analystsThere was a decline in banking stocks during Tuesday’s trading session. The drop came as a reaction to the RBI tightening its bad loan norm...
India outlines two-phased DPI roadmap to achieve $30 trillion economy by 2047India plans a two-phase strategy for Digital Public Infrastructure. DPI 2.0 from 2025 to 2035 builds capable citizens. DPI 3.0 from 2035 to...
From swipe to strategy: Your credit card now decides what you buyConsumers now meticulously compare credit card offers before making purchases, turning transactions into value calculations. Credit cards a...
Govt to focus on micro credit facility for street vendors in 2023: Ashwini VaishnawThe PM Street Vendor's Atma Nirbhar Nidhi (SVANidhi) Scheme was launched in June 2020 as a Micro-Credit facility which aims to empower stre...
With technology, Vitto wants to offer smarter solutions for microfinanceA large section of India’s population continues to face a huge credit crunch and most micro borrowers end up taking credit from informal se...
Norway’s NMI, Carpediem invest in Delhi-based Sindhuja MicrocreditSindhuja Microcredit has raised $4 million in Series A funding in March 2019 from Carpediem.
Former RBI deputy governor appointed as chairman of MFI panelMembers of the steering committee include Harsh Shrivastava of MFIN, P Satish of Sa-Dhan, Srinivas Bonam of IndusInd Bank and Sonia Krishna...
Carpediem Capital invest Series-A $4 million funds in women-centric microfinance start-up –Sindhuja MicrocreditThe start-up focuses on rural region women entrepreneurs in India and currently, has 23 operational branches with over 28,977 active custom...
Microfinance industry clocks over 50% growth in Q2Of the total, Non-Banking Finance Company-Microfinance Institutions accounted for significant chunk.
Bandhan Bank to retain focus on mircocredit for now, says CEOTurning from a microcredit institution to a universal bank within one-and-half-years, Ghosh believes serving those at the "bottom of the py...
- End-use data famine hits microcredit
If we go by the report, there is a need to change the mindset of people that see microcredit programmes as anti-poverty programmes.
- MFIs in India are money-spinning machines: Yunus
Muhammad Yunus has criticised India's microfinance practitioners for turning the sector into a money spinning opportunity.
- Microfinancier SKS shares plunge on law approval
Shares in India's largest lender to the poor, SKS Microfinance, fell more than 4.5 percent in morning trade Wednesday after a state legisla...
'Micro-finance most cost-effective, efficient way of reducing poverty'Sam Daley-Harris, Micro-credit Summit Campaign founder in an interview to ET spoke about the usefulness of micro-credit and also about its ...
- Rahul Gandhi ends Bangladesh tour
Congress leader Rahul Gandhi wrapped up his five-day Bangladesh visit today during which he examined the micro-credit projects run by the G...
- Now, India tops list of top microfinance institutions
In its list of World's Top 50 Microfinance Institutions, an US magazine has named Bangalore- based Bandhan at the second position. Gujarat ...
- India can do it too: Muhammed Yunus
In an exclusive chat with ET, the Nobel Peace Prize winner talks about taking microcredit to next level.