Microfinance loans have become a lifeline for many in India, especially those who don't have access to traditional banking ...

The Reserve Bank of India (RBI) advises microfinance institutions to closely monitor financial stress as loan disbursements ...

Juan Gonzalez (COL ’15) spent an enlightening semester in India working with microfinance. Not many people consider the slums of Pune, India, to be their desired study-abroad destination. But College ...

Commercial microfinance in India is a subprime credit industry that lends to over 35 million working-class women at interest rates of 20 to 26 percent. In the last decade, the industry has seen ...

Microfinance sector could help in acheiving Viksit Bharat goalsEasier and affordable access to credit to drive up depth and ...

DJT Microfinance has secured funding of Rs 130 crore from public sector banks and leading non-banking financial companies to ...

NARELA, India, Dec 7 (Thomson Reuters Foundation) - P ulling out a shirt from a shelf at her shop in central India, Chandrawati Rajpoot recalls the sleepless nights she had after borrowing money from ...

Reserve Bank of India urges microfinance institutions to monitor stress as southern states see lower disbursements and sector ...

Microfinance in India has traversed a long history since it debuted in the late 1980s as a social banking innovation anchored in informal self-help groups (SHGs). It was mainstreamed as the self-help ...

HOUSTON, March 7, 2022 – In partnership with the India Studies program at the University of Houston, Asia Society Texas welcomed three experts to discuss the microfinance industry in urban India, ...

MUMBAI, July 15 (Reuters) - Small loan specialists in India that typically cater to people without bank accounts are facing a jump in pandemic-related defaults that could force some of them out of ...