Stress on the microfinance sector has eased during the July-September quarter after a spike in the April-June period because of the second wave of the Covid pandemic. The 30 days past due portfolio f...

Shares of IndusInd Bank on Monday tanked almost 11 per cent with investors appearing unimpressed by its explanation that a technical glitch may have led to the disbursal of loans without its consent a...

The Reserve Bank on Monday proposed a uniform regulatory framework for the microfinance sector, wherein MFIs can provide collateral-free loans to households at board-determined interest rates.  ...

The collections of microfinance institutions may be impacted by the fresh lockdowns in many states because of the resurgence of the coronavirus. India’s largest state by state domestic product ...

Domestic investors are staying away from microfinance institutions (MFIs), which has hit the small players, at a time the sector needs Rs 3,900 crore to Rs 5,000 crore in over three years to sustain ...

The special liquidity scheme worth Rs 30,000 crore for stressed nonbanking financial companies (NBFCs) and housing finance companies (HFCs), whose financials further deteriorated because of the Covid-...

The Reserve Bank of India (RBI) on Thursday received a poor response to its targeted long term repo operation (TLTRO 2.0) — an indication of banks’ aversion to fund non-banking finance companies (...

Non-banking finance companies (NBFCs) had some reasons to smile on Friday as the RBI nudged banks to invest in debt instruments issued by these entities and microfinance institutions (MFIs).The centra...

Microfinance institutions are seeking easier eligibility norms to qualify for the benefits of the special liquidity facility of the Reserve Bank of India.RBI governor Shaktikanta Das had announced a p...

Microfinance institutions expect pent-up credit demand to spur disbursement as the lockdown gradually eases and operations that have come to a halt rebooted.The industry has welcomed the twin benefit...