Microfinance lending in Karnataka leads to tragic suicides, prompting regulatory reforms and raising questions about industry ...

Presently, MFIs account for around 40% of the portfolio while the remainder is shared by banks, SFBs and NBFCs. The overall ...

The third favourable factor is that MFIs are likely to strategically increase their provisioning cover in the March quarter ...

India's microfinance sector, which went through a tough phase in recent quarters, is now showing early signs of recovery, ...

Alok Misra, CEO & Director of the Micro Finance Industry Network (MFIN), said the challenges faced by the sector were not signs of a deeper crisis but rather short-term disruptions caused by a range ...

For full FY25, the agency expects credit costs to be at 9.6 per cent, which is likely to come down to around 4.0 per cent in ...

VFD Microfinance Bank recorded a significant revenue growth of 39.8 percent, increasing from N3.2 billion in 2023 to N4.5 ...

In a positive sign for the financial ecosystem, India’s microfinance sector is showing strong signs of revival with loan growth picking up sharply in the fourth quarter of FY25, a new report has ...

Over 70,000 microfinance accounts in Haveri district have become NPAs due to defaults, resulting in recovery challenges. This ...

The implementation of the Naira redesign and cashless policy in early 2023 did not come out of the blue for microfinance banks or indeed other operators in the financial sector in Nigeria. The Central ...

This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has ...

Ultraviolet Microfinance Bank Ltd, A leading MFB in Abuja has launched the BIZ-BOOST Loan product aimed at Empowering Nano, Small ...