Private banks have sharply increased provisions for loans sanctioned to microfinance institutions (MFIs) owing to the rising stress in the sector. In the second quarter results season, banks like ...

Photo Credit: Mohammed Haneefa Nizamudeen Non-bank players operating in the microfinance space may be subject to greater reporting rigour, with the Reserve Bank of India likely to ask them to ...

The Reserve Bank of India (RBI) on October 17 has taken action against four NBFCs and NBFC-MFI citing material supervisory concerns, and asked these entities to cease and desist sanction and ...

Under Mrs. Paseda Oladoyinbo’s leadership, ASHA Microfinance Bank aims to accelerate its impact in the microfinance sector, fostering innovation and inclusivity while driving sustainable growth.

ALSO READ: IndusInd Bank sees higher provisions as one-time profit hit, expects gradual easing of MFI stress Nirmal Bang, too, downgraded the stock to 'hold' from 'buy' and cut target price to Rs ...

The decline followed the bank’s announcement that it would miss its full-year loan growth target, making it the latest lender to signal challenges in the microfinance sector. The bank also ...

Australia has committed up to $600 million over a decade to bolster PNG's pitch to secure a team in the competition, with the NRL set to make a final decision in coming weeks. But the ABC revealed ...

Louie Mantia has been making beautiful icons for many years, both as one of the owners of icon design studio Parakeet and as ...

Microfinance has been touted as a miracle cure ... He’s undoubtedly the icon of the idea. But the truth is that he didn’t come up with the idea alone—nor was he the sole force behind its ...

Apart from reviewing some of the top ICO cryptos currently in existence, we’ll also examine some upcoming ICOs and tackle the inherent risks and rewards of such early-stage investments.