India's Microfinance Landscape: Use Multiple IDs Unlike Aadhaar, voter IDs lack a centralized and secure system, enabling some borrowers to use multiple voter IDs to secure loans from various lenders.

While the total number of SHGs linked to banks through savings bank accounts in India is 144 lakh with 77 lakh of those (or, roughly 53%) receiving loans, in Karnataka, the MFIs broadened their ...

The Indian microfinance lending sector witnessed a quarterly (September to December) growth of 5.5% and an annual growth of 20% as of December 2022, says the quarterly publication MicroLend by ...

BENGALURU/MUMBAI, Jan 31 (Reuters) - India's IndusInd Bank (INBK.NS), opens new tab on Friday said it expects to see stress in the microfinance segment stabilising from the first quarter of the ...

BENGALURU/MUMBAI (Reuters) -India's IndusInd Bank on Friday said it expects to see stress in the microfinance segment stabilising from the first quarter of the next fiscal year, after it reported a ...