Search For "microfinance institution"
SFBs enter next phase of growth with diversification and digitisation, for
Updated : 3 months, 3 weeks ago IST
Small Finance Banks (SFBs) in India have entered a pivotal phase of their evolution, transitioning rapidly from their microfinance institution (MFI) roots into robust, diversified lenders with multi-product capabilities, according to a report by Systematix Institutional Equities.
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India's microfinance sector faces tough road to recovery, profitability li
Updated : 7 months, 1 week ago IST
The path to revival of India's microfinance institutions (MFIs) is likely to be tough, with profits expected to return to normal only by the end of this financial year, according to a report by Crisil Ratings.
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Net interest margins of microfinance industry in FY25 anticipated to shrin
Updated : 10 months, 2 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.
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Double Gold! Muthoot Microfin Shines at SKOCH Awards 2025
Updated : 1 year ago IST
Kochi (Kerala) [India], March 11: Muthoot Microfin, a leading microfinance institution committed to empowering women entrepreneurs, has achieved a remarkable double victory at the SKOCH Awards 2025, securing two prestigious Gold Awards. The accolades were presented to Sadaf Sayeed, CEO of Mu
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RBIs new governor adopting a more consultative approach in decision making
Updated : 1 year ago IST
The Reserve Bank of India (RBI) has adopted a more consultative approach under its new Governor, as reflected in its recent decision to roll back the increase in risk weightage on loans to Non-Banking Financial Companies (NBFCs) and Microfinance Institutions (MFIs), according to a report by
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Annapurna Finance, British International Investment, and FinReach Solution
Updated : 1 year, 6 months ago IST
New Delhi [India], September 13: Annapurna Finance Pvt. Ltd., one of India's leading Non-Banking Financial Companies and Microfinance Institutions (NBFC-MFI), has entered into a landmark partnership with British International Investment (BII), the UK's development finance institution and imp
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Dvara Research Releases Report on MFIN's CGRM - Findings and Recommendatio
Updated : 2 years, 5 months ago IST
New Delhi [India], October 11: Microfinance Institutions Network (MFIN), the premier industry association and RBI recognised Self-Regulatory Organization (SRO) has made public its Study Report by Dvara Research on its Customer Grievance Redressal Mechanism (CGRM). MFIN's CGRM was set-up in 2
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Pahal Financial Services Secures USD 12 Million Loan from DFC to Support W
Updated : 2 years, 5 months ago IST
Ahmedabad (Gujarat) [India], September 29: Pahal Financial Services Pvt. Ltd. (Pahal), a leading Microfinance Institution dedicated to promoting financial inclusion, is thrilled to announce its collaboration with the U.S. International Development Finance Corporation (DFC), resulting in a su
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SBI Research highlights how PMMY revolutionised socio-cultural fabric of n
Updated : 2 years, 10 months ago IST
According to SBI Research, MUDRA has created an indelible print on India's rising micro, small and medium enterprises' (MSME) prowess through relentless promoting by a wide array of MLIs which are scheduled commercial banks (SCBs), non-banking finance companies (NBFCs), regional rural banks
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Muthoot Microfin Limited receives Great Place to Work recognition for the
Updated : 2 years, 11 months ago IST
Kochi (Kerala) [India], April 13 (ANI/NewsVoir): Muthoot Microfin Limited, a leading microfinance institution, has been certified a Great Place to Work for the fourth time and has been recognized among the Best Workplace in BFSI (Top 50) for the second time by the Great Place To Work Institu
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Credit Access Grameen Ltd Chooses Scienaptic's AI-Powered Credit Decisioni
Updated : 3 years, 1 month 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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CreditAccess Grameen posts highest-ever quarterly profit growth at 195%
Updated : 3 years, 4 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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