Arohan Financial Services files IPO papers with Sebi; eyes Rs 600 cr via fresh issueUS Teachers Insurance and Annuity Association, a retirement financial services firm, Michael & Susan Dell Foundation, Aavishkaar Goodwell I...
18 May, 2026, 05.47 PM IST
Banking panel to tackle PSUs' balance sheet constraints, boost capital use: DFS Secretary M NagarajuA new committee will examine public sector banks' capital needs. India aims to boost its corporate bond market, allowing more companies acc...
01 May, 2026, 07.05 PM IST
IndusInd Bank back in black for Q4 with Rs 594 cr profit; provisions, slippages fallIn a remarkable financial turnaround, IndusInd Bank reported a net profit of ₹594 crore for the quarter ending March 2026. This surge was l...
25 Apr, 2026, 09.52 AM IST
El Nino impact: Which stocks will burn & which will fire up as market braces for heat waveIndia faces a strong El Niño, threatening below-normal rainfall and impacting agriculture. While rural-linked sectors like two-wheelers and...
24 Apr, 2026, 09.35 AM IST
CreditAccess Grameen looks to scale down microfinance growth, says MD & CEO Ganesh NarayananCreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to becom...
12 Apr, 2026, 07.24 PM IST
Stay calm, stay invested, says Dipan Mehta; prefers PSU banks & NBFCs among financialsAmidst global market jitters, Elixir Equities' Dipan Mehta advises investors to exercise patience, resisting drastic portfolio changes. He ...
09 Apr, 2026, 10.27 AM IST
Women borrowers hold Rs 76 lakh crore credit portfolio: ReportThe Aayog, in the report titled 'From Borrowers to Builders: Women and India's Evolving Credit Market', said that between December 2017 and...
08 Apr, 2026, 07.10 PM IST
Svatantra Microfin acquires Chaitanya India Fin; becomes 2nd largest NBFC-MFISvatantra Microfin has successfully merged with Chaitanya India Fin Credit and Svatantra Holding, solidifying its position as India's secon...
25 Mar, 2026, 01.25 PM IST
Rural India contributes 80% of microfinance book, highest since 2011 as NBFCs shift focusRural areas now account for approximately 80% of non-bank lenders' microfinance business, the highest share since 2011. This shift, driven ...
13 Oct, 2025, 09.37 AM IST
Northern Arc to acquire business of S.M.I.L.E. Microfinance to grow retail lendingThe transaction will involve the takeover of the microfinance portfolio of S.M.I.L.E., along with its extensive network of nearly 150 branc...
24 Feb, 2022, 05.12 PM IST
Reverse migration may open fresh business opportunities to micro lenders: Muhammad YunusMicrofinance lenders need to revisit their strategy and built products suitable for this emerging borrowers, father of microfinance Muhamma...
06 Jun, 2020, 08.44 PM IST
Microfinance to double lending in 5 years: Muhammad YunusThe industry grew at over 40% in FY2019 with its loan portfolio reaching Rs 178,552 crore at the end of March 2019, according to the Sa-Dha...
17 Sep, 2019, 06.54 AM IST
- 600 branches of micro finance companies functioning in Bihar
Microfinance institutions could contribute in a big way in rural development in Bihar if the performance of 600 branches in Bihar were any ...
25 Aug, 2012, 08.31 PM IST
- ‘Catamaran’s investment in SKS was to help poor’
Mr Narayana Murthy, founder of Infosys Technologies, whose Catamaran fund bought shares in SKS Microfinance ahead of the initial public off...
27 Oct, 2010, 12.00 AM IST
- ‘We hope to have 1 million microfinance clients in 2 yrs’
Having gained a firm foothold in the urban micro credit segment, Fullerton India Credit Company, a subsidiary of Fullerton Financial Holdin...
18 May, 2010, 01.25 AM IST
- RBI may widen scope of correspondents
India’s central bank may widen the scope of the `Business Correspondent’ model for providing banking and financial services to the unbanked...
13 Oct, 2009, 12.18 AM IST
- SKS to roll out health insurance product for rural poor
SKS Microfinance Private Limited, a microfinance company has tied up with ICICI General Lombard, to roll out its health insurance product `...
21 Feb, 2008, 07.36 PM IST