The loan was arranged by Standard Chartered Bank, which also participated in the funding from the SCB Gift City branch. Other ...

The microfinance sector's history shows that being the largest player can be fleeting. SKS Microfinance's dominance ended ...

Several digital lenders and microfinance companies have approached the Reserve Bank of India to introduce a formula for ...

(Bloomberg Opinion) -- Sanjay Malhotra, the new Reserve Bank of India governor, is right to unwind some of his predecessor’s ...

Analysing its impact on poverty alleviation is only possible when grassroots data is collected; AI and data science hold the ...

Non-performing assets in India's microfinance sector surged to a record Rs 50,000 crore, or 13 per cent of gross loans, by December 2023, highlighting the worsening credit discipline even as the ...

Microfinance credit stress is emerging this financial year due to RBI's preventive measures to manage risks, according to ...

Dharwad: Dharwad district administration has introduced a helpline to help those in distress due to harassment by microfinance companies. Since its launch on Feb 1, the helpline has received over ...

On February 25, one of the finance company staff members illegally entered the complainant's house, verbally abused both the ...

Nonetheless, the microfinance sector is under ... durables segment offers interesting insights. Companies like Havells, Whirlpool of India and Voltas posted decent revenue growth and a sharp ...

Arcil acquires Ujjivan SFB's non-performing loans at a 94% discount, leveraging expertise in recoveries for financial ...

Microfinance lender CreditAccess Grameen said on Thursday the asset quality of its portfolio is stabilising and rise in ...