Despite a significant quarterly profit increase, IIFL Finance Ltd faces year-on-year declines and asset quality concerns.

Muthoot said that cost of funds are likely to come off only marginally and therefore he does not expect that to translate into lower lending rate.

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IIFL Finance shares fell 6% to ₹312.20, a 10-month low, after disappointing December quarter results, including an 85% YoY ...

Despite Nigerian women managing over 23 million microbusinesses, only 10 per cent have access to formal financial loans, ...

The assets under management (AUM) of microfinance institutions (MFIs) in the state stood at Rs 60,000 crore at the end of ...

Manappuram Finance shares dropped 5.8% to Rs 183 on BSE after reporting a 5.8% increase in profit after tax (PAT) to Rs 453 ...

President John Mahama has named Abigail Akwambea Elorm Mensah the Acting Chief Executive Officer of the Microfinance and ...

Shares of NBFCs Manappuram Finance and IIFL Finance closed 6 per cent lower on Friday’s trading session, following weak Q3 ...

Microlenders: Hauwa Bello, a food vendor in Mile 12 market, was skeptical about borrowing until she joined a women's cooperative ...

Shares of Manappuram Finance tumbled 7% in early trade on Friday following weak Q3 results .Its consolidated net profit ...

Advans La Fayette Microfinance Bank is pleased to announce the appointment of Mrs. Elizabeth Odetayo as its Deputy Chief Executive ...