The Delhi High Court has granted a temporary injunction in favour of Svamaan Financial Services Private Limited, a ...

France has reiterated its firm support for India’s permanent membership of the United Nations Security Council. Indian PM ...

France has reiterated its firm support for India’s permanent membership of the United Nations Security Council. | One of ...

Mukuru’s Group CEO Andy Jury says being awarded the DTMFI licence is a significant milestone for Mukuru because its mission aligns perfectly with Zimbabwe’s National Financial Inclusion Strategy, ...

Rising suicides in Karnataka linked to harsh recovery tactics by microfinance institutions have brought attention to ...

A 42-year-old man died by suicide in this district following 'harassment' by microfinance companies, police said on Monday. The man who died, identified as Malatesh, ran a barber shop, they said.

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 ...

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 ...

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 ...

NBFC-MFIs (non-banking finance companies–micro finance institutions) are sailing in the same boat as private sector banks and small finance banks when it comes to high employee turnover.

Unregistered microfinance institutions have been accused of predatory lending, charging usurious interest rates, and employing coercive methods for loan recovery. In a move to protect economically ...

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 ...