The Indian microfinance sector faces persistent challenges, with stress levels likely to endure for another two to three quarters. According to Chandan Thakur, Deputy Director at Sa-Dhan, these ...

“This is cyclical and largely due to geographic concentration,” said a top executive at a leading microfinance company. “More lenders typically flock to the geography, which gives steady business, ...

It set a uniform household loan limit of Rs 3 lakh for microfinance loans. Also, to qualify for an NBFC-MFI licence, institutions must allocate at least 75 per cent of their assets to microfinance ...

Mumbai, Jan 8 (PTI) Microlending outstandings in the system reduced 4.3 per cent to ₹4.14 lakh crore in the September quarter as lenders adopted a cautious stance amid deteriorating asset ...

Shares of Spandana Sphoorty Financial Ltd. surged as much as 15% on Wednesday, January 8, after hitting a 20% upper circuit on Tuesday. This has taken the two-day move on the stock past 35%. The stock ...