Traditional banks demand collateral she does not have, and microfinance institutions and commercial banks impose crushing interest rates that drain her profits.

New Delhi: The unveiling of the Economic Survey on Friday sets the stage for Finance Minister Nirmala Sitharaman to present ...

Facing political and economic instability, Bangladesh has a new chance to reshape its global alliances under interim leadership ...

Pakistan’s livestock and dairy sectors hold immense potential to catalyze economic growth and rural development. Contributing approximately 14 percent to the national GDP and accounting for 60 percent ...

The spate of suicides and migration has turned the focus on the state government’s inability to rein in microfinance institutions (MFIs), some of which have morphed into loan sharks. Chief ...

Bank SinoPac, a Taiwanese bank, has officially become the majority shareholder of Amret Microfinance Institution (MFI), acquiring an 80% stake. The agreement was finalised after the regulatory ...

Speaking to media here, he said that action would be initiated against micro finance companies if complaints are filed against them by the victims. His statements comes in the light of large scale ...

The quarterly average ticket size of Micro Finance Institutions (MFIs) loan disbursal rose 43 per cent from Rs 35 thousand to Rs 50 thousand between September 2021 to 2024, as per the Financial ...

India's micro finance institutions (MFIs) have seen a surge of over 2,176 per cent in growth from Rs 17,264 crore in March 2012 to Rs 3.93 lakh crore by November 2024. Challenges such as ...

Ahsan H Mansur says at a national workshop of the Microcredit Regulatory Authority ...

The Ministry of Finance stated in a release DFS Secretary chaired a meeting with major Micro Finance Institutions. The meeting was also attended by senior officials of DFS including industry bodies ...