Search For "mfi"
Microfinance Industry poised for growth with disbursements increasing 11 p
Updated : 3 years, 1 month ago IST
Mumbai (Maharashtra) [India], April 4 (ANI/BusinessWire India): The 15th edition of "Microfinance Pulse", a quarterly publication by Small Industries Development Bank of India (SIDBI) and Equifax India revealed that the disbursements by value witnessed annual growth of 11% JAS'21 to JAS'22.
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Credit Access Grameen Ltd Chooses Scienaptic's AI-Powered Credit Decisioni
Updated : 3 years, 4 months ago IST
New York [US]/Bengaluru (Karnataka) [India], January 16 (ANI/BusinessWire India): Leading global AI-powered credit decisioning platform provider Scienaptic AI announced today that the largest microfinance institution (MFI) in India, Credit Access Grameen Limited (CA Grameen) has chosen to im
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MFine expands Diagnostics footprint in Joint Venture with LifeCell Diagnos
Updated : 3 years, 5 months ago IST
Bangalore (Karnataka) [India], December 2 (ANI/PRNewswire): As part of its evolution into a full-stack Omni-Channel, Healthcare services platform MFine in a joint venture with LifeCell Diagnostics, India's leading genetic testing services provider, today announced the expansion of its offlin
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Newly-listed Fusion Micro Finance reports highest quarterly profits in Q2
Updated : 3 years, 5 months ago IST
The newly-listed company Fusion Micro Finance has announced its earnings for the second quarter of the current financial year 2022-23.
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Customer protection lies at core of microfinance regulation, says RBI Depu
Updated : 3 years, 6 months ago IST
RBI Deputy Governor M. Rajeshwar Rao made the remarks while delivering the keynote address at the launch of MFIN's India Microfinance Review in Mumbai on Friday.
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Dia Vikas Capital, a subsidiary of Opportunity International Australia mak
Updated : 3 years, 6 months ago IST
New Delhi [India], October 28 (ANI/NewsVoir): Dia Vikas Capital Pvt. Ltd., the India based subsidiary of Opportunity International Australia Limited has exited from the RBI registered NBFC-MFI SATYA MicroCapital Ltd. Dia was the initial institutional investor in SATYA.
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CreditAccess Grameen posts highest-ever quarterly profit growth at 195%
Updated : 3 years, 6 months ago IST
The MFI's total income rose 31 per cent year-on-year to Rs 814.3 crore from Rs 618.6 crore in the corresponding quarter the previous year. Its net interest income increased 39.9 per cent to Rs 516.2 crore from Rs 368.9 crore in the year-ago period. However, impairment of financial instrument
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Microfinance Industry's Code of Conduct, 4th Edition released by SIDBI CMD
Updated : 3 years, 7 months ago IST
New Delhi [India], October 7 (ANI/PNN): Microfinance Institutions Network (MFIN), industry association for Microfinance and an RBI-recognized self-regulatory organization today announced the release of the fourth edition of the Industry Code of Conduct, jointly with Small Industries Developm
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Arohan selects Scienaptic's AI-Powered Platform to strengthen Its AI Innov
Updated : 3 years, 7 months ago IST
Kolkata (West Bengal) [India], October 3 (ANI/PNN): Leading global AI-powered credit decisioning platform provider Scienaptic AI announced today that Arohan Financial Services Limited, India's leading NBFC-MFI has selected its predictive modeling platform for sharper analytical decisioning.
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SATYA MicroCapital continues its rapid growth by reaching 10 lakh clients
Updated : 3 years, 9 months ago IST
New Delhi [India], August 23 (ANI/NewsVoir): SATYA MicroCapital, one of India's fastest growing RBI registered NBFC-MFI has crossed the milestone of reaching 10 lakh active clients by offering collateral free micro credit services through cashless transactions to women entrepreneurs nestl
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SATYA MicroCapital achieves the feat of Rs 3000 crores loan outstanding po
Updated : 3 years, 10 months ago IST
New Delhi [India], July 27 (ANI/NewsVoir): Giving centre stage to its phenomenal growth, one of the fastest growing MFIs in India, SATYA MicroCapital has crossed several milestones since its inception on October 28, 2016. With a total loan disbursement of Rs 5900+ crores to its name, SATYA h
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Ananya Finance and Prayas Microfinance join hands to lower poverty levels
Updated : 3 years, 10 months ago IST
New Delhi [India] July 8 (ANI/SRV): Impact lender, Ananya Finance for Inclusive Growth Pvt Ltd, one of the NBFCs of India is set to expand its span of operation by joining hands with Prayas Financial Services Pvt Ltd, a Micro Finance company. Ananya has announced acquiring a majority stake i
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