Proposal to restart licensing is welcome, but Rs 300-crore minimum capital requirement could mean only handful of credit ...

Explore the complexities of microfinance, its benefits, challenges, and the need for better regulation and financial ...

Microfinance in Karnataka shows recovery signs despite rising delinquency, with loan outstanding at ₹12,128 crores by ...

The Reserve Bank of India (RBI) on Monday asked microfinance institutions to monitor the stress build-up on their books going forward. PNB Reports Rs 2,434 Cr Loan Fraud Against Erstwhile Promoters Of ...

IndusInd Bank reported a 90% drop in its December quarter net profit due to higher stress in its microfinance book and loan ...

MUMBAI: The Reserve Bank has strengthened the priority sector lending (PSL) compliance norms, mandating external auditor ...

NEW DELHI/MUMBAI, July 7 (Reuters) - India proposes to bring microlenders under central bank regulation, tightening oversight of an industry hit hard last year by a state backlash over complaints of ...

(Reuters) - The Reserve Bank of India has partially reversed tighter rules for bank loans to small borrowers and non-bank lenders, according to two separate circulars issued on Tuesday. The reversal ...

* Financing company SKS Microfinance Ltd rises as much as 5.53 percent; biggest single-day percentage gain since Oct 28 * SKS cuts interest rates by 100 basis points to 19.75 pct, effective from Dec 7 ...

Piramal Finance is set to reach a retail AUM of ₹1 lakh crore by Q4 FY26, driven by a 25% growth strategy and expansion into ...