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

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

IIFL Finance’s board could consider planning an initial public offering (IPO) for its housing finance company (HFC), IIFL ...

Credit to the microfinance sector declined sequentially for the sixth consecutive quarter and registered a 9.3% year-on-year fall in the first half of the current financial year. What does RBI’s ...

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

The Reserve Bank of India (RBI) on Monday issued a comprehensive set of amendments to the Priority Sector Lending (PSL) – ...

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

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 ...

New Delhi, Jan 9 (PTI) Skydo, a cross-border payments platform for exporters, has received final authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator–Cross Border ...

India, Jan. 25 -- Private sector lender IndusInd Bank on Friday reported a 90 per cent drop in its December quarter net ...

Kotak Mahindra Bank on Saturday reported a 4% increase in standalone net profit at ₹3,446 crore for the third quarter ended ...

By Nishit Navin and Bharath Rajeswaran Jan 12 (Reuters) - Indian banks are expected to post better annual and sequential earnings in the December quarter, supported by improving loan growth and stable ...