Mangaluru: Mangaluru City police organised an awareness programme about security measures for banks, ATMs, societies, jewellery shops, and finance com.

With evolving economies, the need for financial inclusivity in rural communities is dire. Microfinance institutions have emerged as a powerful tool in ensuring that rural populations are geared ...

The business of Micro Finance Institutions (MFIs) industry has risen from Rs 17,264 crores in March’12 to Rs. 3.93 lakh crore as of November ‘24, M Nagaraju, Secretary, DFS, Ministry of Finance was ...

India’s microfinance sector is experiencing a notable rise in delinquencies, particularly in the top ten states, despite the banking sector’s celebration of a 12-year low in non-performing assets ...

The Indian microfinance sector, which is reeling from the pressure of mounting bad loans forcing lenders to slow down growth, could come out of the woods soon if the positive trends of December are ...

The microfinance sector in India has seen a decline from Rs 4.43 lakh crore in March 2024 to Rs 3.93 lakh crore by November due to slowing loan disbursals and rising asset quality stress. Collection ...

The precarious state of today’s microfinance (MFI) lenders is not so different from that of the owner, the golden goose being India’s lucrative MFI market. The MFI industry is in a lot of ...

India's micro finance institutions (MFIs) have seen a surge of over 2,176 per cent in growth from Rs 17,264 crore in March 2012 to Rs 3.93 lakh crore by November 2024. Challenges such as ...

The microfinance industry contracted in Q2 FY25 with delinquency rates on loans rising to 4.3 per cent in September 2024. Borrowers with multiple loans decreased. Lenders urged the government for a ...

Stock Market Today: Manappuram Financ e share price gained 6% in the morning trades on Thursday after the Reserve Bank of India (RBI) lifted curbs on its subsidiary Asirvad Micro Finance.

As per the MFI stateholders, the industry has grown more than 2176 per cent over 12 years. The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in ...

The buying in the stock came after the Reserve Bank of India (RBI) lifted restrictions imposed on Manappuram Finance arm Asirvad Micro Finance. Around 9:34 AM, Manappuram Finance shares were up 5.47 ...