Microfinance
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May 01, 2022, Sunday
Macro challenges of micro lenders
The freedom to fix interest rates has encouraged a few MFIs to jack up rates on Day One. It will take a while for borrowers to ...
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March 31, 2022, Thursday
ADB and HSBC India establish $ 100 mn guarantee plan for microcredit
ADB and HSBC programme will help women running small businesses and microfinance institutions lending after the pandemic.
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March 24, 2022, Thursday
Stress in 30 plus day dues in micro-loans declines in December quarter
Disbursements take a knock on Omicron concerns
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March 21, 2022, Monday
Spandana Sphoorty looks to steady ship after over 4 months of uncertainty
The MFI, backed by private equity fund Kedaara Capital, experienced a jolt in November 2021 after Padmaja Reddy, founder and ...
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March 20, 2022, Sunday
New chapter in microfinance: End of overleveraging?
The RBI finally had to step in since self-regulatory organisations have failed to address a few banks' enthusiasm for ...
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March 12, 2022, Saturday
BS Views of the week: Blow to globalisation, risks of imported energy, and more
Developments around the Russia-Ukraine war and elections in five states of India made the biggest ne...
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February 24, 2022, Thursday
Northern Arc Group to acquire SMILE Microfin
The transaction will involve the takeover of the microfinance portfolio of S.M.I.L.E., along with its network of nearly 150 ...
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February 23, 2022, Wednesday
MFI Spandana Sphoorty expects to disburse Rs 1,000 cr in Q4 of FY22
The company had put disbursements on hold in Q3FY22 after its managing director Padmaja Reddy resigned abruptly last November
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February 15, 2022, Tuesday
Spandana Sphoorty posts consolidated net profit of Rs 45.1 cr in Q3FY22
The income from operations of Spandana Sphoorty Financial on a consolidated basis, in the reporting quarter, rose marginally to ...
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January 14, 2022, Friday
Rising Covid cases may add to asset quality risks of NBFIs: Fitch
Fitch Ratings on Friday said the rising COVID cases may delay recovery in MSME and microfinance lending, and add to asset quality ...
