During the first meeting of the newly formed Assam government and microfinance stakeholders in Guwahati on Saturday, RBI officials are said...

Borrowers around the world have been hit hard but perhaps nowhere more so than in India. It’s the global leader in microfinance, the financ...

Xiaomi has just launched its first lending product in India on the lines of the microlending product Mi Credit that it offers in China.

The implied price is likely be set at 10-12 per cent premium over the prevailing market price of Bharat Financial Inclusion, ET Now had rep...

Gurgaon-based RedCarpet, which began operations in November 2015, arranges loans of up to Rs 60,000 per borrower, with the average loan siz...

Banking aspirants that had lost out when the regulator issued one licence each to microlender Bandhan and infra financier IDFC in 2014, may...

Small Finance Banks will shift the focus of the microlending business away from the dedicated MFIs, domestic rating agency India Ratings sa...

The Kolkata-headquartered MFI will use the proceeds to expand its presence across the country as well as increase its gross outstanding loa...

FIS would provide a fully integrated banking and payments solution platform to allow Bandhan to offer services to the underprivileged peopl...

Among other things Nabard plans to enhance its operations through NABFINS a subsidiary engaged in microlending at lower than market rates, ...

“We are waiting for the Microfinance Bill to be passed so that there will officially be only a single regulator to govern microfinance inst...

SKS Microfinance is preparing for a return to Andhra Pradesh, a former hub from which it has retrenched significantly in the past two years.

Three microfinance firms which had proposed a merger at the time of their debt recast talks with banks in August have now called off the pl...

In a big respite, Hyderabad-based microlender Share Microfin today said 31 bankers, led by SIDBI and ICICI Bank, have agreed to restructure...

More than 70 people committed suicide in Andhra Pradesh from March 1 to November 19 to escape payments or end the agonies their debt had tr...

SKS chief Vikram Akula said that CEO termination was not due to financial irregularities. He said that SKS will work closely with SEBI, RBI...

As a controversial $250-$350 million IPO draws nearer, Vikram Akula, founder of India's largest microlender, SKS Microfinance, crunches num...