E-PaperMicrofinance Institution News
Microfinance sector set for new growth wave: Fusion Micro Finance, CreditAccess Grameen, among stocks to buy
The NBFC-MFIs are also expected to claw-back some market share from banks in the near term. After a long time, banks have lost market share to NBFCs. Their market share has come down to 51% from 60% in FY21.
3 min read4 Jul 2023Microfinance lender Annapurna raises Rs155 crore from OIJIF
With a portfolio of over 2,000 crore, Annapurna is one of the leaders in microfinance in eastern India and serves over 1.2 million borrowers through a network of more than 400 branches across 14 states
2 min read7 Jun 2018Small finance banks to rely on their MFI past to boost growth, experts say
Most small finance banks also expect a sizeable portion of their non-MFI loan growth to come from upgrading existing MFI customers
4 min read20 Dec 2017Demonetisation and higher costs bleed small finance banks
One year since demonetisation, micro finance institutions and even those that have turned into small finance banks are still reeling under the blow
2 min read24 Nov 2017Demonetisation’s blow to microfinance sector
Demonetisation has adversely affected the growth in clients, loans disbursed and repayment rates
4 min read10 Oct 2017We empower people who demonstrate honesty: S. Muralidharan
We nurture and empower our people who demonstrate honesty and high performance in a transparent environment, says S. Muralidharan, chief people officer at Equitas Small Finance Bank
1 min read6 Oct 2017Utkarsh SFB plans to raise Rs100-150 crore from stake sale
Utkarsh Small Finance Bank is planning to raise Rs100-150 crore from its existing investors by selling 10-15% stake
3 min read20 Sep 2017MFIs, SFBs will need Rs11,000 cr funding in FY18 to mitigate demonetization impact: ICRA
ICRA estimates that MFIs and SFBs together would need external capital of Rs9,000-11,000 crore for growing at a compounded annual growth rate of 25-30%
2 min read22 Aug 2017Fincare Small Finance Bank looks to build strong SME, self-employed base
Fincare Small Finance Bank is spread across seven statesGujarat, Rajasthan, Madhya Pradesh, Maharashtra, Tamil Nadu, Andhra Pradesh and Karnataka
1 min read24 Jul 2017Small finance banks see asset quality deteriorate
Small finance banks are showing elevated signs of risk as asset quality deteriorated post demonetisation in November
3 min read31 May 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared