Recent Highlights
All Stories for Microfinance
Micro lenders looks towards normalcy in Assam as protests against CAB cause delay in loan repayment
• 5 years agoMicrofinance institutions which have started witnessing delay in loan repayment in Assam following the outbreak of protests against the new citizenship law are keeping their fingers crossed for a stability in their operations, industry insiders said
Sachin Bansal picks up majority stake in fintech company CRIDS, assumes role of CEO
• 6 years agoFlipkart co-founder Sachin Bansal has picked up a stake in Chaitanya Rural Intermediation Development Services (CRIDS) and has pumped in Rs 739 crore in the non-banking financial company
Microfinance industry posts 43% growth in loan portfolio to Rs 1.66 lakh cr in December quarter: Report
• 6 years agoMicrofinance industry posted 43.1 percent growth in December quarter 2018 as compared to the year-ago period, with a total loan portfolio of Rs 1,66,284 crore, a report by MFIN said on Monday
Sajjan Jindal's daughter-in-law Anushree launches microfinance venture Svamaan Financial Services
• 6 years agoJSW Group chairman Sajjan Jindal's daughter-in-law Anushree on Tuesday announced a micro-lending venture to help uplift the underserved segments.
Non-banking finance companies' mess: Cash-strapped firms haven't seen the worst of liquidity crisis yet
Srikanth • 6 years agoIn 2017-18, non-banking finance companies (NBFCs) were the largest net borrowers from the financial system
CreditAccess Grameen lists at a discount on the bourses; opens at Rs 385 against issue price of Rs 422
• 7 years agoCreditAccess Grameen, which recently concluded Rs 1,131-crore initial public offer (IPO), was subscribed more than two times during the August 8-10 offer period
As communities in north, east Sri Lanka drown in debt, government struggles to regulate micro-finance
Chathuri Dissanayake • 7 years agoA new loan to repay an earlier loan; the cycle of debt never seems to end for many families in post-war north and east Sri Lanka.
Bandhan Bank files for Rs 2,500 cr IPO: Charting the institution's growth from a micro lender to bank
Fp Staff • 7 years agoIn April 2014, Bandhan was one of the two entities, another was IDFC, that won banking licence from the RBI defeating big companies in the fray
Amazon partners with Bank of Baroda to offer micro loans to sellers
• 8 years agoThe sellers on Amazon will receive pre-approved indicative offers from the bank for the loan amount they are eligible.
Swaraj at 70 Part 7: India needs a more inclusive model of development, says Vijay Mahajan
Rajnib123 • 8 years agoVijay Mahajan talks about how three million poor households are looking for Swaraj through microfinance and livelihood promotion services.