Mumbai (Maharashtra) [India], February 20 (ANI/BusinessWire India): Equifax Credit Information Services Private Limited (ECIS), a leading credit bureau, today announced the launch of the Household Combined Credit Report for the Microfinance segment. The report eases the processes of Microfin
Hyderabad (Telangana) [India], February 8 (ANI/BusinessWire India): Caspian Equity, a Hyderabad-based venture capital fund that invests in social impact startups has launched a new equity fund LEAF (Leap for Agriculture Fund) with a focus on early-stage Food & Agribusiness startups. LEAF
New Delhi [India], February 7 (ANI/PNN): Abler Nordic is the new name of Nordic Microfinance Initiative, a public-private partnership investing in financial inclusion companies globally, with a strong presence in India. The new name was launched locally at an event in New Delhi on February 6
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
New Delhi [India], December 6 (ANI/SRV): Delhi-NCR-based digital agency Framed Media has been delivering valuable information across multiple segments of finance as well as technical troubleshooting for the past seven years. They had been operating on a work-from-home model since its incepti
Kochi (Kerala) [India], November 14 (ANI/PNN): KLM Axiva Finvest, one of the leading Gold Loan NBFCs, announced its Q2 results for FY 22-23. The company posted a profit of Rs 15.51 crore in the second quarter of FY 22-23. The profit for the same quarter last year was Rs 9.03 crore. The PAT f
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.
New Delhi [India], November 1 (ANI/NewsVoir): SATYA MicroCapital Limited recently launched the third edition of Vijayalakshmi Das Entrepreneurship Awards 2023 - an Awards & Recognition platform to felicitate Women Entrepreneurs at the grassroots level to honor the 'Mother of Indian Micro
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
Mumbai (Maharashtra) [India], October 19 (ANI): The US government arm Development Finance Corporation (DFC) has signed a USD 35 million loan with Indian microfinance institution CreditAccess Grameen (CAG) with an aim to help 5 lakh women entrepreneurs gain access to credit.
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
Guwahati (Assam) [India], September 24 (ANI): Assam Cabinet on Friday took several key decisions pertaining to setting up floating solar plants in beels, seat reservations in medical education, city gas distribution pipeline and others.