The Premiers’ Reading Challenge begins on the first Monday in March each year and ends on the first Friday in September. In 2025, registrations will open on Monday 3 March, 2025. The Challenge ...

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 ...

Karnataka Home Minister G Parameshwara announced ongoing discussions to finalize a draft bill aimed at protecting borrowers from aggressive practices by microfinance companies. The bill requires ...

Moniepoint Microfinance Bank has firmly denied claims that hackers stole N1.1 billion from the organization. The company described these allegations as “malicious and misleading” in a blog post and ...

The concept of halal microfinance has gained significant attention as a means of providing financial assistance while adhering to Islamic principles. By combining ethical practices with financial ...

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 ...

What are the biggest challenges facing the microfinance industry in Nigeria today, and how is Davodani addressing them? The microfinance industry in Nigeria faces several challenges. The challenges ...

IDFC FIRST Bank announced its unaudited financial results for the quarter and nine months ended December 31, 2024, highlighting a 28.8% year-over-year increase in customer deposits. Retail deposits ...

The sector faces several challenges; an important one is the perception that loans are priced at “usurious” rates. It is a fact that microfinance institutions’ (MFIs) loans have a higher cost than ...

Its RoA of 5.7 per cent and RoE of 24.8 per cent further enhance its attractiveness. The microfinance sector faces profitability challenges due to rising credit costs and compressed net interest ...

Strategies to counter India’s slowing credit growth, inflation pressures, and microfinance challenges. Insights on adapting to Expected Credit Loss (ECL) norms and Liquidity Coverage Ratio (LCR ...