The microfinance industry contracted in Q2 FY25 with delinquency rates on loans rising to 4.3 per cent in September 2024.

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has successfully achieved significant milestones in 2024, ...

The loans disbursed in Q2 declined by 13.3 per cent as they fell to Rs 137.4 lakh from Rs 163.9 lakh in Q1.

Manappuram microfinance arm Asirvad is expected to witness a gradual improvement in new business volumes, but it remains to ...

Expectations: In order to augment credit supply into the microfinance sector and ensure steady growth, members have asked for ...

It is no surprise that some rural populations in Kenya, particularly small-scale farmers and informal traders lack avenues ...

The year-on-year delinquency rates on microfinance loans, where instalments are overdue by 30 to 180 days, jumped to 4.

Finance Ministry to meet with MFI players on Wednesday amid rising bad loans and delinquencies in the sector. The meeting ...

The downfall in the IndusInd Bank share price came after reports indicated that the New York-based brokerage Goldman Sachs ...

Asset quality stress in the microfinance sector doubled from April to September 2024, with loans overdue increasing from 2.15 ...

The Saudi Central Bank (SAMA) has issued a licence to “SEULAH ALAWLA”, allowing it to provide consumer microfinance solutions ...

MANAGING Director, Payment Processing and Switching, Interswitch Purepay, Akeem Lawal, has said that for the huge potential ...