Small loans, quick approvals and minimal paperwork make microfinance accessible, but the way these loans are structured and ...

Recent revelations about the role of Nobel Prize winner Muhummad Yunus in the alleged misuse of $100 million by the Grameen Banks (and the cover-up of that misallocation) have begun to provoke overdue ...

Banks expected to increase funding to NBFC MFIs as govt expands guarantee cover while MSME scheme tweaks aim to support ...

The scheme offers 70-80% guarantee cover on loans to MFIs, aiming to restore lender confidence and improve credit access for ...

Average ticket sizes across the microfinance industry are also increasing, with share of loans above Rs 75,000 now at 38 per ...

The government has approved a Rs 20,000-crore credit guarantee scheme to support microfinance institutions (MFIs), which face funding challenges and rising non-performing assets. This scheme offers ...

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India Ratings and Research says that the proposed regulation may disrupt collections and tighten lending in the key market ...

Parliament Speaker Dr. Jagath Wickramaratne yesterday endorsed the certificate on the Microfinance and Credit Regulatory ...

The Centre has introduced Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0), which will facilitate increased credit flow to the MFI sector. The scheme aims to provide credit ...

Patricia Goja, Managing Director of Novus Microfinance Bank, has promised accessible and affordable financial services to the people ...

By Gopika Gopakumar and Ashwin Manikandan MUMBAI, March 20 (Reuters) - India's finance ministry has approved a 200 billion rupee ($2.14 billion) credit guarantee scheme for microfinance firms to ...