KV Ramana Updated : Mar 17, 2018, 05:41 AM IST The board meeting of the microfinance major SKS is expected to be stormy when the directors meet today to consider the financial results for the ...

SKS Microfinance today tumbled after the Andhra Pradesh Police arrested three people working with it and another small lender Spandana. English Edition English Edition हिन्दी ગુજરાતી मराठी বাংলা ಕನ್ನಡ ...

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 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 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 ...

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 ...

Learn more. Microfinance Statistics: Microfinance is a transformative financial tool designed to empower underserved individuals and communities by offering tailored services such as microcredit, ...

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 ...

Agro Tech Foods Acquires Del Monte Foods from Bharti Enterprises Agro Tech Foods, owner of ACT II popcorn and Sundrop, completed its acquisition of Del Monte Foods from Bharti Enterprises through a ...

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 ...

Shalini Warrier, Executive Director at Federal Bank, says the bank plans to hold off on expanding personal loans and microfinance loans over the next two quarters due to the current market conditions.

The Microfinance Industry Network (MFIN) on Thursday dismissed reports about alleged harassment by microfinance companies in the state, claiming that a small section of "ill-informed" individuals with ...