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You Searched For "microfinance lending" and got 20 results


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Microfinance lending shows strong growth in 2022, NBFC MFIs dominate the market

Average balance per account witnessed quarterly growth of 0.8% and grew 5.2% Y-oY as of December 22…

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Bihar surpasses Tamil Nadu to top average borrower loans in the country

The microfinance sector in India continues to grow, with a total outstanding portfolio of ₹337.6 th…

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Gurgaon-based Indifi disbursed ₹2,800 crore worth of loans to small business owners

Gurgaon-based Indifi disbursed ₹2,800 crore worth of loans to small business owners

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Digital lending platforms see 3x year-on-year rise in disbursals to ₹14,016 crore in Q2 FY23

Fintechs issuing digital loans witnessed an over three-fold disbursal growth in Q2. The number and …

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Bandhan Bank shares have gained 54% since lockdown started⁠— but the numbers will reveal the real damage to rural India from COVID-19

So far, the share price reflects some optimism. It’s up over 54% since the lockdown starting Mar…

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8 mins read

This Social Enterprise Runs A Global Crowd-funding Platform; Eyes $3-5 Million In Series B Funding

Unlike many other ventures in this space, this social enterprise is a for-profit concern, but has n…

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1 min read

Micro-finance companies are not lending in Uttar Pradesh, here’s why

In Maharashtra, Microfinance Institutions (MFIs) have also confirmed the same. “Overall collection …

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1 min read

Do away with GST on services by microfinance companies: Industry's Budget wish-list

New Delhi, Jan 9 () Microfinance industry body Sa-Dhan in its wish-list for Budget 2020-21 has urge…

PTI   


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SIDBI to provide special liquidity for on-lending to MSMEs

"We are ously working towards helping MSMEs survive the crisis created due to the COVID-19 pandemic…

PTI   


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Government is planning easy loans for rural households

The government is considering the launch of micro-credit programme which would provide easy loans …

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2 mins read

Exclusive: This Junior Birla’s packing in a Big Punch, meet Ananya Birla

Her Mumbai-based startup was officially launched on March 1, 2013, and offers micro loans at one of…

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Govt-backed credit guarantee needed to ensure banks overcome risk averseness while lending: CII

"In this hour of need, NBFC and MFI sector has the ability to ensure smooth and continuous flow of…

PTI   


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Are MFIs Striking A Balance Between Profit And Social Responsibility?

Microfinance, which was non-existent till early seventies, came into being in 1974 when Dr Muhammad…

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4 mins read

India’s corporates in ‘wait and watch’ mode as consumption loans zoom

Large corporates are still not driving India’s credit growth as private capital expenditure is yet …

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2 mins read

RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth

In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…

ANI   


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Private sector banking ripe for consolidation: Yes Bank ready for inorganic growth but not merger, says CEO Prashant Kumar

Yes Bank may consider acquiring a microfinance institution after completing its turnaround. The CEO…

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1 min read

Net office leasing drops 34% in Jan-Mar to six-quarter low across top 7 cities: JLL India

Net leasing of office space fell 34 per cent in January-March to 7.63 million square feet across se…

PTI   


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Sensex, Nifty50 shrug off weakness led by gains in metals, banks and auto stocks

India’s benchmark indices Sensex and Nifty50 are likely to open on a weak note on Wednesday amid mi…

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Fusion Micro Finance lists at a 2% discount amid volatile market conditions

Fusion Micro Finance’s stock listed at ₹360.5 – that’s ₹7.5 lower than its allotment price of ₹368 …

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HDFC raises home loan interest rate by 50 basis points

The rate revision by the lender comes a day after the Reserve Bank of India raised the key lending …