Union Budget 2025: Finance Minister of India Nirmala Sitharaman recently announced Grameen credit score scheme. This is a framework evolved to help Self Help Groups (SHGs) and the citizens in ...
CreditAccess Grameen Ltd, India’s biggest microfinance institution, said Monday it has secured $50 million (about Rs 435 crore at current exchange rates) from International Finance Corporation (IFC) ...
Access to credit is the foundation of economic mobility, and for millions of African immigrants, that access has been historically out of reach. But Adeola Adedewe, founder and CEO of Kredete ...
Just as consumers may be coming to grips with the cost-of-living crisis, legislators in several states are poised to restrict access to credit in 2025. The move to restrict credit will be dressed ...
Lack of security has historically hindered MSMEs’ access to bank financing, he said. Onalo noted that the National Credit Guarantee Company (NCGC) aims to address the long-standing issue of ...
On Friday, January 24, the non-banking financial company-micro finance institution (NBFC-MFI) reported a topline increase of 7.2 per cent year-on-year (YoY) for the December quarter of the current ...
This is a framework evolved to help Self Help Groups (SHGs) and the citizens in rural India. The primary responsibility of ...
Creditaccess Grameen has announced a $50 million external commercial borrowing deal with the International Finance Corporation. The funds aim to aid up to 4 million women borrowers engaged in ...
CreditAccess Grameen Ltd (CREDAG ... ever quarterly losses since the third quarter of FY21 on account of elevated credit costs. The MFI's asset quality deteriorated for the fifth consecutive ...
which will keep the credit costs elevated over the next two quarters as well," added the brokerage, but maintained its buy rating with a target price of Rs 1,070 per share. CreditAccess Grameen ...
The iconic building at Paradeplatz 8 is now adorned with the UBS logo, the lender said in a statement on Friday. Built by German-Swiss architect Jakob Friedrich Wanner, it was Credit Suisse’s ...
The step aims to provide farmers with better access to formal credit and reduce their dependence on high-interest informal borrowing, FM said. Sandeep Chilana, Managing Partner at Chilana ...