The credit for this lies squarely on two sets of regulations, first on microfinance and the second on branchless banking. But the former is in serious trouble, with no signs of reprieve as yet.

Through these projects, domestic generation capacity increased by 40 percent in the Central African Republic and 20 percent in The Gambia, contributing significantly to energy security. In a ...

Microfinance has seen tremendous growth over the years, and as per various reports, a large population still lacks a savings account, while several families and individuals come under the low ...

The total gross loan portfolio of microfinance institutions in Karnataka has surged from ₹16,946 crore in March 2019 to ₹42,265 crore in the last financial year that ended March 2024 ...

Mysuru/Bengaluru: Chief Minister Siddaramaiah squarely blamed the Centre for citizens in the state turning to unauthorised microfinance firms and non-banking financial companies (NBFCs ...

Microfinance institutions (MFIs) in Karnataka have come under the State government’s lens as some cases of borrowers ending their lives are being reported from different districts, allegedly ...

Mumbai: Microfinance companies are facing the threat of a funding squeeze as banks and non-bank lenders have already slowed lending to them. Karnataka’s plan to curb aggressive recovery ...

Revelation Microfinance Bank Limited, Ughelli, Delta State, has restated its commitment to strong corporate governance, robust risk assessment and strategic collaborations.Speaking to South-South ...

Cebuana Lhuillier, the Philippines’ largest and leading micro-financial center, is setting a new benchmark in the microfinance industry with its groundbreaking All-In Services—a comprehensive ...

On Saturday, the Mumbai-based mid-sized private lender said, opens new tab gross slippages, or the loans classified as non-performing for the first time, in the microfinance segment jumped nearly ...

In response, Microfinance Institutions (MFIs) have emerged as crucial resources, providing tailored financial services and business management to underserved communities. ONLY one in ten micro ...

Rising suicides in Karnataka linked to harsh recovery tactics by microfinance institutions have brought attention to aggressive methods used to recover loans. Public shaming and coercion ...