In a significant move, Muthoot Fincorp has engaged lead managers to facilitate its upcoming ₹3,000-crore initial public offering. The draft...

The Reserve Bank of India has proposed new lending rate guidelines. Regulated entities must declare lending rates monthly and reset floatin...

The Reserve Bank of India is harmonizing interest rate determination methods for regulated entities. New guidelines will define internal be...

Fusion Finance plans to reduce microfinance loans to seventy percent by fiscal 2029. The company will introduce larger individual loans whi...

Large microfinance companies including Muthoot Microfin and Satin Creditcare have raised their growth forecasts as private banks, small fin...

DSP Mutual Fund’s Preethi R S remains constructive on India’s financial sector, favouring lenders with strong deposit franchises, disciplin...

The Kochi-based microfinance company received sanction letters from overseas investors in January and it has time till September to draw do...

CreditAccess India, the promoter of India’s largest pure-play microfinance lender CreditAccess Grameen, has sold a 2.28% stake through bloc...

The Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economic growth forecast and lowered infl...

India's microfinance sector contracted in the first quarter after a previous rebound. Uneven monsoon progress weighed on rural demand and l...

HDFC Life CEO Vibha Padalkar highlights intense competition and rising costs in open architecture. She believes credit life policies are vi...

In an interaction with Kshitij Anand of ETMarkets for Smart Talk series, Seth explains why the steady shift from physical assets to financi...

Market mood rarely turns all at once. It turns in stages. And India's mood might have just entered the first of them: Because of a commodit...

Thangamayil Jewellery emerged as a top stock choice for several leading PMS fund managers. Equirus Wealth made the largest allocation, show...

Our credit cost was 2.13% of loans including the microfinance portfolio, against a guidance of 2.10%. This year, encouraged by seeing our c...

Ujjivan Small Finance Bank has achieved a significant milestone by increasing its secured loan portfolio. This strategic shift now represen...

Purple Finance plans to acquire Saksham Gram Credit for rural market expansion. The company also secured equity funding of Rs 108 crore for...