Page 3 - Micro Finance

Paytm raises collateral-free loan cap to Rs 5 lakh for micro lenders

The company offers collateral-free loans under its Merchant Lending Programme in Paytm for Business app

IndusInd Bank Q2 net profit dips 53.2% on higher Covid-19 provisioning

The provisions and contingencies were up by 166 per cent at Rs 1,964 crore in Q2FY21 from Rs 737 crore in Q2FY20

MFIs in India should be allowed to accept deposits from public: Yunus

Nobel laureate Muhammad Yunus said that micro-finance institutions (MFIs) in India should be allowed to accept deposits from the public

RBI guv Das chastises banks not doing enough on lending, NBFC liquidity

Relaxation likely on branch audit as Guv meets bankers

MFIs staring at cash shortfall of Rs 2,600 crore in Q1FY21, says ICRA

ICRA has analysed a sample of 29 MFIs, which constitute around 70% of the MFI industry on a portfolio basis

Growth in loan disbursals lures job-seekers to Bihar's micro credit sector

Loans have become an important line of business in north Bihar.

Former RBI deputy governor H R Khan to head micro-finance panel

CRL was launched in September by MFIN and Sa-Dhan, an RBI-recognised association of MFIs, along with Finance Industry Development Council, an association of NBFCs

CreditAccess Grameen to acquire Madura Micro Finance for Rs 876 crore

The acquisition strengthens our microfinance franchise which can be leveraged to provide innovative financial services, says CAGL chairman

Spandana Sphoorty IPO: From strategy to growth, a promising revival story

Still in the early phase of new set up, FY17-19 has been the fast growth periods for the MFI. Yet, in a space not densely populated by listed players, Spandana ranks third