Microfinance firm Arohan Financial Services is preparing to file for a ₹1,400-crore IPO within a month, aiming for a ₹600 crore primary iss...

Arohan Financial Services plans a Rs 1,400 crore IPO, combining fresh issue and OFS, amid improving microfinance sector conditions. With be...

CreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to becom...

Standard Chartered has mobilised over USD1 billion for India's microfinance and NBFC sectors. P.D. Singh, CEO for India and South Asia, exp...

Bihar's new microfinance law could stall the sector's rebound. The state assembly passed a bill regulating money lending, a move that may p...

Bihar's new microfinance law could disrupt the sector's recovery. The bill limits borrowers to two lenders, a change from the industry norm...

Sa-Dhan, the RBI-recognized SRO, has launched a toll-free grievance helpline and a comprehensive Client Grievance Redressal Mechanism (CGRM...

The Small Industries Development Bank of India (Sidbi) is working on revamping the India Microfinance Equity Fund (IMEF), which failed to t...

The lender, while planning its own microfinance loan product, is also said to be exploring the acquisition route which would help it with a...

Both RBI and the government have taken several policy initiatives on compliance and governance – something that could redefine the shape of...

In terms of numbers, the FII count jumped to 91 at the end of September quarter this year from 75 in the preceding three-month period.

Varanasi-based non-banking finance company will use the proceeds of the latest round of financiang to build up its presence in UP, Bihar.

Norwegian Microfinance Initiative, IRIF invest Rs 25 cr second round of fund raising by Fusion Microfinance Pvt Ltd.

Microfinance major BASIX Group's flagship company Bhartiya Samruddhi Finance Ltd today said it will raise up to Rs 250 crore by selling sta...

A number of micro lenders, especially small sized, are facing credit crisis as state-run as well as some private sector banks are not lendi...

International Finance Corporation (IFC) and German development bank KfW have announced the Microfinance Initiative for Asia (MIFA) to commi...

The Citi Foundation on Thursday announced a three-year $11.2 million international grant program to advance the integration of micro-financ...