In a move to protect economically vulnerable groups, the Karnataka government has proposed the Karnataka Micro Finance ...

That is, until she discovered Grameen Bank, one of the first microfinance institutions (MFIs), which set up shop in rural Bangladesh in the wake of the 1976 famine. In 1979, Grameen made Mufiya a ...

Sens. Josh Hawley (R-Mo.) and Bernie Sanders (I-Vt.) introduced a bill on Tuesday seeking to cap credit card interest rates ...

The spate of suicides and migration has turned the focus on the state government’s inability to rein in microfinance institutions (MFIs), some of which have morphed into loan sharks. Chief ...

Bank SinoPac, a Taiwanese bank, has officially become the majority shareholder of Amret Microfinance Institution (MFI), acquiring an 80% stake. The agreement was finalised after the regulatory ...