Search For "micro finance"
CreditAccess Grameen Advances Inclusive Growth With USD 75 Million Syndica
Updated : 1 week, 4 days ago IST
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
Read More
Muthoot Microfin Recognized as Financial Inclusion Institution of the Year
Updated : 2 months, 1 week ago IST
Mumbai (Maharashtra) [India], January 15: Muthoot Microfin Limited (NSE: MUTHOOTMF, BSE: 544055), among India's leading Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has secured two prestigious national awards at the Inclusive Finance India Awards 2025, presented at the
Read More
CreditAccess Grameen enhances operational efficiency and accelerates time-
Updated : 7 months, 1 week ago IST
Bengaluru (Karnataka) [India], August 19: Today at Realize LIVE Asia-Pacific 2025, Mendix, a Siemens business, announced a strategic partnership with CreditAccess Grameen Limited (NSE: CREDITACC) (BSE: 541770) ('CA Grameen'), the country's largest Non-Banking Financial Company-Micro Finance
Read More
Stress in the microfinance sector should recede over the next two quarters
Updated : 10 months ago IST
The worst is over for India's microfinance sector, with stress levels posed to ease over the next two quarters, said Axis Securities in its latest report.
Read More
Net interest margins of microfinance industry in FY25 anticipated to shrin
Updated : 10 months, 3 weeks ago IST
The net interest margins (NIMs) of microfinance institutions (MFIs) are expected to shrink in the financial year 2025 ended in march, due to emerging challenges in asset quality and declining yields, according to a recent report by Mavenark Advisors.
Read More
Finance minister to meet NBFCs on March 8 to discuss key issues and greate
Updated : 1 year, 1 month ago IST
The Ministry of Finance on Friday stated that a full-day conclave for Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) will be held on March 8, 2025, in New Delhi.
Read More
Loan disbursal to Micro-Finance Institutions rises 43% over 3 years: IIFL
Updated : 1 year, 2 months ago IST
The quarterly average ticket size of Micro Finance Institutions (MFIs) loan disbursal rose 43 per cent from Rs 35 thousand to Rs 50 thousand between September 2021 to 2024, as per the Financial Stability report of the IIFL Capital.
Read More
Indian Micro Finance sector grows by over 2,100% in 12 yrs
Updated : 1 year, 2 months ago IST
As per the MFI stateholders, the industry has grown more than 2176 per cent over 12 years.
Read More
RBI lifts restrictions on Asirvad Micro Finance, DMI Finance
Updated : 1 year, 2 months ago IST
The Reserve Bank of India (RBI) has decided to lift restrictions placed on Asirvad Micro Finance and DMI Finance, with immediate effect, which was initially imposed in October 2024.
Read More
Microfinance Loans at Rs 4.42 Lakh Crore Need Sustainable Financing to Boo
Updated : 1 year, 5 months ago IST
New Delhi [India], October 28: The 'Bharat Microfinance Report' released by Sa-dhan, India's largest self - regulatory organisation of Impact Finance Institutions, has observed that the micro-finance institutions, particularly the 'For - Profit' organisations like NBFC-MFIs, NBFCs and SFBs s
Read More
RBI takes action against 4 NBFCs over excessive interest rates, non-compli
Updated : 1 year, 5 months ago IST
According to RBI, Asirvad Micro Finance Limited (Chennai), Arohan Financial Services Limited (Kolkata), DMI Finance Private Limited (New Delhi), and Navi Finserv Limited (Bengaluru) were directed to cease and desist from sanction and disbursal of loans, effective from close of business of Oc
Read More
Asirvad MFI appoints Satish Nair as President and CEO
Updated : 1 year, 9 months ago IST
Kochi (Kerala) [India], June 7: Asirvad Micro Finance Limited ('Asirvad'), a subsidiary of Manappuram Finance Limited (MAFIL) (BSE: 531213) (NSE: MANAPPURAM), has appointed Satish Nair as President and Chief Executive Officer (CEO).
Read More