Aid agencies operating in the Pacific are still scrambling to assess the impact of U.S. President Donald Trump’s sweeping ...
In the Indian stock market, FIIs are booking profits, domestic investors are treading carefully, and valuations are stretched ...
As the developers of investment products keep coming up with more and more diverse ideas, the correlations between underlying markets are getting closer. Alpha is getting harder to find particularly ...
The whole microfinance idea is not new, as it was setup way back in 1974 in Gujarat to help women. Soon, the concept gained traction and is a booming business in India. Since its inception ...
In response, Microfinance Institutions (MFIs) have emerged as crucial resources, providing tailored financial services and business management to underserved communities. ONLY one in ten micro ...
Private banks like Kotak Bank and RBL Bank are experiencing higher defaults in the microfinance sector. Kotak Bank reported a 10% rise in net profit, but its microfinance arm saw significant losses.
Following the acquisition, the bank was rebranded as Halan Microfinance Bank Limited and now operates under its new name. In an exclusive conversation with Business Recorder, Mounir Nakhla ...
Private sector lender IndusInd Bank’s microfinance business, under Bharat Financial Inclusion, saw slippages of ₹695 crore during the three months through December. Even as bad loans rose ...
BENGALURU: The state government, which is pushing to bring microfinance companies under the ambit of law to rein them in, is hoping to get the nod from Governor Thaawarchand Gehlot soon.
“In the microfinance business, overall in the industry, there has been an ongoing asset quality challenges for the last couple of quarters...Post our recovery efforts, the credit costs in the ...
Cebuana Lhuillier, the Philippines’ largest and leading micro-financial center, is setting a new benchmark in the microfinance ... grow their wealth over time. Business: Entrepreneurs benefit ...
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