Searched for
RURAL INCOMES AND MICROLENDING
Banking Pot: Is something hot brewing?Over $6 billion in fresh FDI inflows into private banks like Yes Bank and Federal Bank highlight renewed global confidence in India’s banki...- RBI's microfinance move: Tightening the reins while easing the credit squeezeRBI has relaxed risk weights in banks' microfinance lending, indicating confidence in the effectiveness of earlier restrictions. With non-p...
- Make microlending reg activity-basedMicrofinance lending is experiencing stress due to regulatory changes aimed at curbing over-lending. Relaxed rules in 2022 fueled a surge i...
- Spandana Sphoorty Q4 Results: PAT rises to Rs 105 cr; aims to disburse Rs 11,500 cr in FY24For FY23, its post-tax net profit declined to Rs 12.31 crore against Rs 69.8 crore in the year-ago period. A statement from Spandana Sphoor...
- With technology, Vitto wants to offer smarter solutions for microfinanceA large section of India’s population continues to face a huge credit crunch and most micro borrowers end up taking credit from informal se...
- Spandana Sphoorty posts net loss of Rs 220 cr for Jun qtrThe company's core interest income slipped to Rs 244 crore during the quarter against Rs 397 crore.There was a pre-provision operating prof...
- Cashpor and Sanghamithra to get NBFC-MFI license following RBI's new microfinance rulesThese are not-for-profit companies registered under Section 8 of the Companies Act, 2013. The RBI has withdrawn certain benefits for such l...
- Millions of defaults threaten microfinance's future in IndiaBorrowers around the world have been hit hard but perhaps nowhere more so than in India. It’s the global leader in microfinance, the financ...
- MFIs stare at repayment crisis in rural AssamMired in debt Assam micro borrowers’ indebtedness is more than double the national average.
- Should you invest in Spandana Sphoorty IPO? Don’t subscribe just for listing gainsThe issue comprises fresh share sale for Rs 400 crore and an OFS for about Rs 800 crore.
- Interest in the microlender tells a broader story of how MFIs can be game changers for banksAs state-run banks struggle with huge bad loans, investors have been piling on non-banking financial companies and private banks, pushing u...
- How to make a Bharat-focused portfolio after Union Budget 2016Experts say investors should tweak portfolios towards the 'Bharat' theme or slightly increase exposure to stocks that cater to that theme.
- MicroGraam inks partnership with crowd funding platform for social good Kiva.orgMicrolending platform MicroGraam now expects over 15,000 borrowers in India & will be crowd-funded by Kiva lenders over the course of this ...
- Sahara Group’s woes, strict Andhra rules force micro lenders to focus on Uttar PradeshUttar Pradesh seems to be the new Mecca for microfinance, with Andhra Pradesh having abdicated that role thanks to a tough law in 2010.
- Social enterprises: Doing good while making money is an alluring prospectFor investors and entrepreneurs in businesses serving low-income groups, doing good while making money is an alluring prospect.
- Unitus Seed Fund sets up 50 crore fund backed by former Infosys executive Mohandas PaiThe new investment vehicle, which will look to make equity-linked investments in startups is expected to be launched in the second-half of ...
- SKS shares surge 10% on completion of securitisation deals"The present transactions will generate liquidity for SKS Microfinance and also bring in the concomitant capital relief", CFO Dilli Raj sai...
- Kudumbashree, National Rural Mission to sign pact for servicesKerala-based, all-women micro-lender Kudumbashree will soon sign a pact for providing consultancy services to the National Rural Livelihood...
- Suicides reveal how men made a mess of MFIsMore 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...
- Micro-finance firms turn into delivery boysFuelled by private equity investment and expansion, many of these entities are looking at reaching as many as five million people each in t...
Load More
