NBFCs maintain growth in Q1, wary of rising…
Non-banking financial companies (NBFCs) maintained their growth momentum in Q1 FY24 led by strong demand for…
Browsing Tag
microfinance
YES Bank to acquire microfinance to reduce…
YES Bank is evaluating microfinance companies to acquire in order to boost its PSL (priority sector lending)…
Microfinance AUM up 22% in FY23, MFIs top…
Gross loan portfolio of the microfinance industry rose 22 per cent in FY23 to ₹3.5-lakh crore, serving 6.6 crore…
CBN revokes licences of 132 Microfinance banks,…
The Central Bank of Nigeria has revoked the operating licences of 132 microfinance banks, four primary…
NPF microfinance bank appoints non-executive…
NPF Microfinance Bank Plc on Monday announced that it has appointed Said Fagge as a non-executive…
IDFC First Bank to acquire Vaya MFI’s assets for…
IDFC First Bank is close to signing a deal to acquire Vaya Finserv’s entire microfinance loan portfolio for about…
16-Fold Rise In Microfinance Sector Over Last…
The portfolio of the industry grew by 16.5-times from Rs 17,264 crore…
Microfinance loans to see good traction
Loan disbursements by the microfinance industry, which was slightly subdued in the first quarter of the current…
Under fire, IndusInd Bank begins review of…
Private lender IndusInd Bank has initiated an independent review of its microfinance arm Bharat Financial…