Bengaluru (Karnataka) [India], March 10: CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770, 'CA Grameen', or the 'Company'), the country's largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has signed a syndicated social loan facility of USD 75 million, quali
The report highlighted that the recovery in disbursements was primarily led by NBFC-MFIs, which recorded 10 per cent QoQ and 27 per cent YoY growth by value. Banks also posted a sequential uptick of 13 per cent QoQ, though YoY growth remained negative. Small Finance Banks (SFBs) reported mod
Luxembourg City [Luxembourg] / Singapore, February 23: The Luxembourg House of Financial Technology (LHoFT) announces a major evolution of the Catapult: Inclusion SE Asia program with the launch of its first dedicated investment fund, delivered through NextFin Asia. Launched in partnership w
A part of a cement metro pillar collapsed during the construction and fell on an auto-rickshaw near the Johnson & Johnson Company in Mulund, Maharashtra, on Saturday at 12:20 pm, likely injuring at least four people, the Mumbai Fire Brigade (MFB) reported.
Trivandrum (Kerala) [India], February 14: Muthoot FinCorp Limited (MFL), the flagship financial services company of the 138 year old Muthoot Pappachan Group (Muthoot Blue), along with its subsidiaries Muthoot Microfin Limited (MML) and Muthoot Housing Finance Limited (MHFL), announced its fi
China congratulated Bangladesh on a "smooth and successful" parliamentary election and praised the BNP's victory. The remarks came as Bangladesh's Election Commission declared results for 297 seats, showing a landslide for the BNP and strong 'Yes' support in a concurrent referendum, with
In contrast, banks saw their portfolio share decline from 32.7% in December 2024 to 26.6% in December 2025, it said. The report said that while banks posted 13.4% QoQ growth in originations value in Q3 FY26, their overall share in disbursements fell from 36.7% in Q3 FY25 to 26% in Q3 FY26. N
Mumbai (Maharashtra) [India], February 5: MFins Services Pvt. Ltd. has reported strong growth across its solar energy vertical, driven by rising adoption of renewable energy solutions among residential, commercial, and industrial customers. The company has witnessed significant traction in o
The just-signed India-European Union Free Trade Agreement (FTA) is set to create a future-ready trade framework that advances next-generation sectors of the Indian economy, while strengthening market access, innovation, and sustainability for Indian businesses.
The European Union Generalised System of preferences (GSP) regulation impacts only 2.66% of India's exports to the European Union, underscoring the limited trade effect of EU's GSP Regulations 2025, effective from January 1 this year, according to an official from the Commerce Ministry.
From January 1, 2026, India faces a major setback in the EU market, as 87 per cent of its exports begin paying higher import tariffs following the EU's suspension of Generalised Scheme of Preferences (GSP) benefits. These GSP concessions previously allowed Indian products to ship at less