Banks have turned cautious on microfinance after months of stress. The ₹20,000 crore guarantee seeks to de-risk lending and ...
Small loans, quick approvals and minimal paperwork make microfinance accessible, but the way these loans are structured and ...
Svatantra Microfin Pvt Ltd has merged with Chaitanya India Fin Credit and Svatantra Holding following NCLT approval, becoming India's second-largest NBFC-MFI. The merger includes Svatantra Micro ...
A microfinance loan product called the "Youth Future Link Loan" will be launched on the 31st, offering up to 5,000,000 Korean ...
Banks expected to increase funding to NBFC MFIs as govt expands guarantee cover while MSME scheme tweaks aim to support ...
The government has approved a Rs 20,000-crore credit guarantee scheme to support microfinance institutions (MFIs), which face funding challenges and rising non-performing assets. This scheme offers ...
The scheme offers 70-80% guarantee cover on loans to MFIs, aiming to restore lender confidence and improve credit access for ...
Government launches ₹20,000 crore MFI credit guarantee scheme to revive lending, ease liquidity stress and support small borrowers amid sharp funding decline.
The microfinance sector is undergoing a structural transformation in ticket size composition, pushing the industry’s average ...
Good morning! Today’s edition of 11:11 tracks a ₹20,000-crore push to stabilise India’s microfinance sector, the Corporate Amendment Bill likely to be tabled in Lok Sabha today, and Kotak Mahindra ...
Patricia Goja, Managing Director of Novus Microfinance Bank, has promised accessible and affordable financial services to the people ...
Parliament Speaker Dr. Jagath Wickramaratne yesterday endorsed the certificate on the Microfinance and Credit Regulatory Authority Bill, which was recently passed in Parliament. ..