Karnataka government had recently resubmitted the ordinance after addressing the Governor’s clarifications and suggestions.

The governor asked the NBFCs to further their contribution towards financial inclusion, urged them to become part of unified ...

HBL Microfinance Bank (HBL MfB) has signed a US$ 80 million Risk Sharing Agreement (RSA or the facility) with the ...

NBFCs urge RBI to raise the ECB limit, ease SARFAESI norms for small loans, expedite eKYC approvals, and relax asset ...

HBL Microfinance Bank (HBL MfB) has signed a US$ 80 million Risk Sharing Agreement (RSA or the facility) with the ...

Funding squeeze, Karnataka's plan to curb coercive recoveries and rating downgrades have worsened the stress for the MFI ...

HBL Microfinance Bank (HBL MfB) has signed a US$ 80 million Risk Sharing Agreement (RSA or the facility) with the ...

According to sources, the discussions primarily revolved around key challenges faced by the NBFC sector. The central bank ...

The RBI, in its recent trend and progress report, stated that the reduction in NBFCs’ reliance on banks for funds bodes well ...

While Karnataka may not turn into a no-go zone for microfinance lenders, industry executives caution that, in the near-term, ...

Mukuru’s Group CEO Andy Jury says being awarded the DTMFI licence is a significant milestone for Mukuru because its mission aligns perfectly with Zimbabwe’s National Financial Inclusion Strategy, ...

RBI Governor Sanjay Malhotra emphasizes fair customer treatment and quick grievance redressal for NBFCs, stressing the need ...