Abler Nordic leads $5 million infusion in Sindhuja MicrocreditSindhuja Microcredit has secured $5 million in fresh funding from overseas investors Abler Nordic, Gawa Capital, and Oikocredit. This capit...
11 May, 2026, 03.05 PM IST
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...
29 Apr, 2026, 05.52 AM IST
NBFC-MFIs largest provider of micro-credit: ReportNBFC-MFIs and scheduled banks dominate micro-credit disbursal in India, with NBFC-MFIs leading. The gross loan portfolio for micro-credit r...
12 Jun, 2024, 08.25 PM IST
NBFC-MFIs largest provider of microfinance: ReportAccording to the report, the MFI sector has immense growth potential with the market size estimated by MFIN to be around Rs 13 lakh crore d...
15 Nov, 2023, 04.45 PM IST
Microfinance gross loan portfolio grows 10 pc to Rs 2,85,441 cr as of March 2022: MFINMFIN is an industry association of 58 NBFC-MFIs and 39 associates, including banks, Small Finance Banks (SFBs) and Non-Banking Financial Co...
15 Jun, 2022, 09.13 PM IST
Microfinance loan portfolio grows 5.16 pc to Rs 2.43 lakh crore as on September-end: ReportMFIN is an industry association comprising of 58 NBFC-MFIs and 39 associates including banks, small finance banks (SFBs) and NBFCs. The ind...
15 Dec, 2021, 03.06 PM IST
Microfinance loan portfolio grows 11.9% to Rs 2,59,377 crore as on March-end: MFINMFIN is an industry association comprising 58 NBFC-MFIs and 39 associates including banks, small finance banks (SFBs) and NBFCs.
30 Jun, 2021, 01.35 PM IST
West Bengal regains spot as the largest state in terms of microfinance loan outstandingThe sector catered to 5.83 crore unique borrowers, through 10.50 crore loan accounts. The overall microfinance industry had a total loan po...
08 Mar, 2021, 10.52 PM IST
Bandhan Bank to gradually pare micro credit exposure: Chandra Sekhar Ghosh"The bank's exposure to microcredit at present is 61%. Over the next three to five years, the bank's ratio of micro and non-microcredit wil...
12 Mar, 2020, 12.21 PM IST
Microfinance industry growth slows to 24.22 % in Q3Small finance banks (SFBs) have a total loan amount outstanding of Rs 37,282 crore, NBFCs with total loan outstanding of Rs 21,591 crore an...
26 Feb, 2020, 05.42 PM IST
Fusion MFI gets Rs 500 crore from Warburg, othersWarburg has invested Rs 360 crore in the Fusion, while Creation has put in Rs 160 crore.
07 Jan, 2020, 10.09 AM IST
Microfinance industry grew by 42.9% in Q1 of FY'20Banks hold the largest share of portfolio in micro-credit with total loan outstanding of Rs 78,060 crore, which is 40.9 per cent of the tot...
29 Aug, 2019, 05.42 PM IST
MFI loan book growth hits 43% at Rs 1.66 trn in Q3Total number of microfinance accounts were at 8.91 crore as of December 2018, showing a growth of 24.3 per cent.
25 Feb, 2019, 09.10 PM IST
Total gross loan of microfinance industry grows 6 pc to Rs 65,090 cr in Q3Combined microcredit portfolio of all lenders as on December 31, 2018, was Rs 1,57,497 crore of which NBFC-MFIs are leading with Rs 60,117 ...
21 Feb, 2019, 10.35 PM IST
Microfinance industry clocks over 50% growth in Q2Of the total, Non-Banking Finance Company-Microfinance Institutions accounted for significant chunk.
03 Dec, 2018, 08.11 PM IST
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...
19 Feb, 2017, 02.29 PM IST
- Basix Microfinance reworks business plan, to share network for Funds
Lack of regulatory clarity and unfavourable business climate in Andhra Pradesh have forced Basix Microfinance to redesign its business mode...
26 May, 2011, 04.07 AM IST