A year since risk weight hikes, lenders still cautious on unsecured credit growth
Over a year since the Reserve Bank of India (RBI) hiked risk weights on unsecured credit segments such as credit
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Tag: Microfinance
IndusInd Bank puts on block ₹1,573 crore of MFI loans
Private sector lender IndusInd Bank has put on block over 10 lakh microfinance loans with principal outstanding of ₹1,573 crore,
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Microfinance in farming sector: Unlocking new opportunities in rural economies
Farming is vital to India’s socio-economic development, and 42.3 per cent of its population depends on it for livelihood. What
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IndusInd Bank share price: IndusInd Bank shares crash 19% on becoming latest to warn of microfinance loan stress
Shares of IndusInd Bank tumbled nearly 19 per cent on Friday, set for their worst day in over four years
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IndusInd Bank Q2 results: PAT tanks 40% on higher provisions, bad loans
The Reserve Bank of India (RBI) has delivered a sharp message to Microfinance Institutions (MFIs), urging them to realign their
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Muthoot Microfin, SBI form co-lending partnership
Muthoot Microfin Ltd has entered into a partnership with State Bank of India (SBI) for co-lending to members of joint
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L&T Finance aims at 25pc CAGR, retail lending in focus
The lender also expects this product to surpass microfinance in terms of book size in the near future. (Photo: X@ANI)
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IIFL Samasta Finance adds three distinguished members to its Board
IIFL Samasta Finance, a non-banking microfinance company (NBFC-MFI), has appointed three members including former NABARD Chairman, Govinda Rajulu Chintala to its
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Yes Bank is sufficiently capitalised for FY25: Prashant Kumar, MD and CEO
From a focus on profitability to how technology will add to efficiencies, Prashant Kumar, MD and CEO, Yes Bank, spoke
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Microfinance Q3 disbursements at ₹Rs 78,584 crore, AUM grows 25%
Microfinance loans for the financial services sector grew 24.6 per cent on year to ₹3.99 lakh crore as of December
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