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 ...

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 ...

Despite facing challenges in the microfinance sector, the bank witnessed a substantial 53% year-over-year growth in its wealth management AUM, amounting to Rs. 42,778 crore, and surpassed the 3.2 ...

IDFC First Bank shares decreased by 7.2% following a 15% YoY decline in net profit due to higher bad loan provisions in microfinance. Despite a 14% increase in net interest income, the bank was ...

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 ...

With The Challenge: Battle of the Eras recently wrapping up, fans have shifted their focus to the next seasons of the competition series. One of those upcoming seasons is The Challenge ...