Another banker said there have been reports that some beneficiaries under various government schemes take instant loans from local moneylen...

“The ruling has effectively reaffirmed regulatory sanctity for NBFCs registered with the RBI as a separate category of lenders, distinct fr...

Criminal case to be filed against unlicensed moneylenders who intimidate tribals for money

PTPL is the practice of large-scale lending of money between people online. In other words, it is an ‘emarketplace’ that hooks up lenders w...

RBI’s argument that new banking licences are needed to achieve financial inclusion, mainly in rural areas, has new research supporting it.

Exciting proposals to overhaul the financial services sector are on the table - implement them.

The Cabinet has cleared a proposed Bill empowering the Reserve Bank of India to regulate all microfinance institutions.

Microfinance is in bad odour - politicians accuse it of driving poor borrowers to suicide, the media, including this newspaper, carries sto...

The impact of the Andhra ordinance on MFIs must yield useful clues to design future regulatory policies.

The committee must assert that for-profit MFIs have served a useful social purpose the world over, and need a place in the Indian financial...

There is a strong case to support Dr Y V Reddy's thesis that for-profit MFIs should be regulated on par with moneylenders.

Former RBI governor Y V Reddy said what many finance experts believed, but did not have the courage to admit publicly that microfinance is ...

Rather than curbing interest rates of the MFIs, re-examine whether they should be permitted a corporate structure.

MFIs are a great improvement on moneylenders charging 60% and using force to seize assets

States want institutions to register under local lending laws.

The Manmohan Singh government plans to bring poor farmers within the institutional credit fold to reduce dependence

India Human Development Survey suggests that rural households are far more likely to borrow from moneylenders than urban households— 38% ve...