Reserve Bank of India Deputy Governor S C Murmu urged NBFCs to use AI and machine learning tools. He emphasized stronger risk management an...

Small finance banks anticipate improved asset quality this financial year. Gross non-performing assets are projected to decline significant...

Small finance banks anticipate improved asset quality by March 2027. Gross non-performing assets are projected to decline significantly fro...

In a bid to boost climate and transition finance, banks are pressing for a lower cash reserve ratio for green deposits. Presently, estimate...

Banks are increasingly selecting microfinance institutions for loans instead of individual borrowers, leading to a reclassification of micr...

Ujjivan Small Finance Bank appointed Carol Furtado as interim chief executive officer. This appointment follows the sudden resignation of M...

Ujjivan Small Finance Bank's MD and CEO has resigned citing health reasons. The board accepted the early retirement and appointed Carol Fur...

India’s NBFC sector is showing signs of a broad-based cyclical recovery, with FY27 first-quarter results pointing to stronger loan growth, ...

Non-banking financial companies are entering a new cyclical recovery phase. Loan growth and asset quality improvements are expected to driv...

Like much of the Indian market, valuations in this sector are also not cheap. And when you pay a full price for a sector, the risk of getti...

Banks in India foresee a stable outlook for asset quality, driven by the reduction of unsecured lending which should prevent new stresses f...

AMFI has launched five initiatives to deepen mutual fund participation, focusing on investor education, women, smaller cities, first-time i...

The number of microfinance borrowers with multiple loans has significantly decreased. These borrowers still hold substantial outstanding lo...

Svatantra Microfin has submitted a proposal seeking approval for a ₹3,000 crore initial public offering (IPO). The plan includes a fresh is...

Svatantra Microfin has filed for a Rs 3,000 crore IPO, comprising Rs 1,500 crore fresh shares and Rs 1,500 crore OFS. Promoter Ananya Birla...

Svatantra Microfin has filed for an initial public offering worth thirty billion rupees. Existing investors Advent International and Multip...

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