Indian Micro Finance sector grows by over 2,100% in 12 yrs

As per the MFI stateholders, the industry has grown more than 2176 per cent over 12 years.

Annapurna Finance Recognized for Leadership in Client Protection

Bhubaneswar (Odisha) [India], November 12: Annapurna Finance Pvt. Ltd. (AFPL), a leading NBFC-MFI in India, has been...

Bihar, UP and Karnataka are leading the growth of microfinance in

States like Bihar, Uttar Pradesh and Karnataka are emerging as leaders of growth in the microfinance industry.

Microfinance Loans at Rs 4.42 Lakh Cr Need Sustainable Financing

New Delhi [India], October 28: The 'Bharat Microfinance Report' released by Sa-dhan, India's largest self -...

Microfinance sector to remain in distress in FY 25– Motilal Oswal

The microfinance sector (MFI) is expected to remain under distress for the entire current financial year, according...

RBI takes action against 4 NBFCs over excessive interest rates

According to RBI, Asirvad Micro Finance Limited (Chennai), Arohan Financial Services Limited (Kolkata), DMI Finance...

SATYA MicroCapital Limited Secures Rs 1000 Mn Debt Funding

New Delhi [India], September 27: RBI registered NBFC-MFI, SATYA Micro Capital Limited has successfully raised Rs...

Annapurna Finance Sign Landmark Credit Guarantee Agreement

New Delhi [India], September 13: Annapurna Finance Pvt. Ltd., one of India's leading Non-Banking Financial Companies...

SATYA MicroCapital Limited Secures Rs 500 Cr (USD 60Mn) Debt Fund

New Delhi [India], September 7: RBI-registered NBFC-MFI SATYA MicroCapital Limited has once again secured Rs 500 Cr...

Jana Small Finance Bank Sweeps 4 Awards at ICC Conclave

Mumbai (Maharashtra) [India], August 26: Jana Small Finance Bank has once again cemented its status as a frontrunner...

Asirvad MFI appoints Satish Nair as President and CEO

Kochi (Kerala) [India], June 7: Asirvad Micro Finance Limited ('Asirvad'), a subsidiary of Manappuram Finance...

Siguler Guff Builds 240 Crore Stake in Spandana Sphoorty

Mumbai (Maharashtra) [India], May 6: Siguler Guff & Company, LP ("Siguler Guff" or the "Firm), a global...