NBFCs, NBFC-MFIs contribute 86 pc of microfinance client base: ReportNBFCs and NBFC-MFIs are central to India's microfinance sector. They serve most clients and hold the largest loan portfolio. This sector is...
11 Oct, 2025, 04.47 PM IST
Pahal receives $12 million investment from DFC for rural financial inclusionBased in Ahmedabad, Pahal is registered with the Reserve Bank of India as a Non-Banking Financial Company that provides microfinance servic...
28 Sep, 2023, 08.18 PM IST
Reserve Bank of India looks to sort out e-KYC matter for non-bank lendersThe government has been hesitant to give non-banks entities the access to the Unique Identification Authority of India’s (UIDAI) database f...
21 Sep, 2020, 12.01 PM IST
Ananya Birla acquires micro housing finance corporationSvatantra Microfin has Rs 652 crore portfolio at the end of June while Mumbai-based MHFC has a portfolio of close to Rs 500 crore.
28 Sep, 2018, 04.54 PM IST
Microfinance market to expand over 200% in 3-4 yrs; here’s what to bet onBoth RBI and the government have taken several policy initiatives on compliance and governance – something that could redefine the shape of...
08 Oct, 2016, 10.20 AM IST
Fusion Microfinance gets Rs 162 cr funding from CreationThe funding will help Fusion Microfinance to continue its organic growth momentum as well as consider interesting inorganic opportunities.
11 Aug, 2016, 03.49 PM IST
IFMR Capital structures Rs 98-crore debt from 11 Mutual Fund InstitutionsIFMR Capital today said it has structured the first CBO (collateral bond obligation) deal in the micro-lending space in the country.
24 Jun, 2014, 07.05 PM IST
- Avendus invests in micro-fin loan-backed securities
In a first for any wealth management firm, Avendus Capital has invested client funds in micro-finance loan backed securities.
22 Sep, 2010, 09.44 PM IST
'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 ...
21 Apr, 2009, 03.37 AM IST
- Share Microfin crosses Rs 1,000 crore portfolio
City-based, non-banking financial institution, Share Microfin Limited, has crossed a portfolio of Rs 1,000 crore, marking a new phase in it...
08 Feb, 2009, 07.18 PM IST
- SKS Micro-finance raises Rs 366 crore
Sources close to the development said the list of investors include Kismat Capital, SBD India Capital, and Standstone Partners.
10 Nov, 2008, 03.27 PM IST
- Microfinance sector to reach Rs 25,000 cr by 2012: study
The microfinance sector in the country is expected to grow nearly 10 times to reach Rs 25,000 crore in the next four years, a study says.
19 May, 2008, 04.44 PM IST
- Reliance Capital forays into microfinance
Reliance Capital, the financial services arm of Reliance ADA group, has launched its microfinance initiative in partnership with two Gujara...
04 Mar, 2008, 12.48 AM IST
- Banks open doors to the less privileged
Beggars, commercial sex workers & tribals are the new class of customers targeted by private & foreign banks.
27 Jun, 2007, 12.34 AM IST
- Micro fin cos cosy up to global funds
After SMEs, broking firms and NBFCs, it’s now the turn of local microfinance institutions (MFIs) to attract global investors.
16 May, 2007, 04.19 AM IST
- Muthoot Fincorp partners WWB for microfinance play
South India’s leading NBFC, Muthoot Fincorp, is re-orienting itself as a microfinance entity in a strategic partnership with Women’s World ...
10 Feb, 2007, 02.46 AM IST
- Big banks follow Nobel winner’s cues in lending to poor
Robert Annibale clearly enjoys his role as a globe-trotting senior banker for US giant Citigroup, but his clients are unusual because they ...
16 Nov, 2006, 01.11 AM IST