"Microfinance in India has come a long way since its inception in the 1970s, offering millions of women a pathway out of ...
Karnataka Governor Thaawarchand Gehlot on Wednesday approved the ordinance promulgated by the Congress-led government to tac ...
Bengaluru: Karnataka governor Thaawar Chand Gehlot has rejected the ordinance sent in by the Congress government to curb ...
While microfinance institutions are a vital source of credit for many businesses, experts say there is still a deliberate need for financial literacy to truly empower entrepreneurs and break the cycle ...
Karnataka Home Minister G Parameshwara announced ongoing discussions to finalize a draft bill aimed at protecting borrowers from aggressive practices by microfinance companies. The bill requires ...
During a meeting of the Revenue Department held Monday, Revenue Minister Krishna Byre Gowda noted that microfinance firms have given out loans worth Rs 59,000 crore in the state. “In order to expand ...
What are the biggest challenges facing the microfinance industry in Nigeria today, and how is Davodani addressing them? The microfinance industry in Nigeria faces several challenges. The challenges ...
Despite facing challenges in the microfinance sector, the bank witnessed a substantial 53% year-over-year growth in its wealth management AUM, amounting to Rs. 42,778 crore, and surpassed the 3.2 ...
The sector faces several challenges; an important one is the perception that loans are priced at “usurious” rates. It is a fact that microfinance institutions’ (MFIs) loans have a higher cost than ...
Its RoA of 5.7 per cent and RoE of 24.8 per cent further enhance its attractiveness. The microfinance sector faces profitability challenges due to rising credit costs and compressed net interest ...
Strategies to counter India’s slowing credit growth, inflation pressures, and microfinance challenges. Insights on adapting to Expected Credit Loss (ECL) norms and Liquidity Coverage Ratio (LCR ...