Microfinance sector contracts below Rs 4 lakh crore amid loan disbursal woesThe microfinance sector in India has seen a decline from Rs 4.43 lakh crore in March 2024 to Rs 3.93 lakh crore by November due to slowing ...
13 Jan, 2025, 12.27 AM IST
Microfinance loan portfolio stands at Rs 3.76 lakh cr at end of FY'24 Q2: Industry bodyAccording to the report prepared by Microfinance Institutions Network (MFIN), a self-regulatory body of the NBFC-MFIs, microloan disbursals...
05 Dec, 2023, 08.01 PM IST
How AI & ML can help in realising India’s dream of inclusive financial growthAI-driven chatbots and virtual assistants provide round-the-clock assistance, microfinance and micro loans, rural banking advancements, and...
15 Aug, 2023, 07.55 PM IST
Microfinance sector grows 24% in June quarter; loan disbursals rise nearly 80%Micro loan disbursals during the June quarter improved sharply to Rs 45,830 crore as compared with Rs Rs 25,503 crore seen in the same peri...
23 Sep, 2022, 12.05 AM IST
ADB, HSBC India set up USD 100 mn partial guarantee prog for MFI sectorLaunched in 2010, ADB's microfinance programme has provided more than USD 1.8 billion in loans and helped mobilize USD 881 million in co-fi...
31 Mar, 2022, 05.11 PM IST
Micro-loan securitisation volumes may see impact in Q4 due to third COVID-19 wave: Report"The securitisation volumes in Q4 (FY22), which should have otherwise seen a healthy improvement, could be impacted by the concerns around ...
25 Jan, 2022, 01.33 PM IST
Indusind Bank says whistleblower claims baseless; gave 84,000 loans sans client consent in MayAt the end of September, 26,073 of these 84,000 clients were active with the loan outstanding at Rs 34 crore, which is 0.12 per cent of the...
06 Nov, 2021, 12.42 PM IST
Paytm partners with Suryoday Small Finance Bank to empower MSMEs with instant digital loansMerchants have to log on to the Paytm for business app, opt for the loan offer and go through a short process of the bank.
02 Dec, 2020, 01.07 PM IST
Bandhan Bank plans giant leap into retail lending as part of its evolution as universal bank“The bank is gearing up for the next level of structural transformation toward a true universal bank like large private peers by re-organiz...
05 Oct, 2020, 04.09 PM IST
SAIF Partners leads Rs 90-cr series-B round in ZiploanThe New Delhi-based firm plans to utilise the funds to grow its business, expand its offering in cities it is already present in.
19 Feb, 2019, 08.43 AM IST
Liquidity issues, Aadhaar ban roil NBFCs, micro-credit plunge 15 pc in Q3Disbursements stood at Rs 41,840 crore for the third quarter of the current fiscal year, down from Rs 49,450 crore in the preceding three m...
17 Feb, 2019, 10.59 AM IST
Buy Bandhan Bank, target Rs 650: JM FinancialBuy Bandhan Bank Ltd. at a price target of Rs 650.
11 Oct, 2018, 08.49 AM IST
Skills, confidence, hope: Microloans give more than just an income to rural womenEnsuring that women in rural India get affordable micro-credit not only opens up a path to income generating opportunities, but when done i...
04 Mar, 2017, 10.52 AM IST
Vodafone bets on enterprise business to drive growthGliddon said the company has tied up with Bharat Financial Inclusion and Muthoot MFI for disbursement, collection and digitisation of loans.
29 Dec, 2016, 12.59 AM IST
- SKS Microfinance eyes 50% growth in micro-loan disbursals, financial leverage
Buoyed by turnaround in operations, SKS Microfinance, the battered lender for poor, is now eying a growth of some 50% in loan disbursals at...
08 May, 2013, 07.42 PM IST
- Bengal MFIs make distress call to banks
Facing a shortage of lendable resources, microfinance institutions in West Bengal have huddled together and are desperately trying to convi...
24 Nov, 2010, 07.14 AM IST
- SKS Microfinance to always have better PE multiple: Gajendra Nagpal
SKS Microfinance will always have a better PE multiple compared to IDBI or the other banks and probably would have a better market cap on t...
17 Aug, 2010, 10.23 AM IST