The microfinance sector faces growing scrutiny over the misuse of legal provisions by Private Limited Microfinance Companies and Section 8 Companies, raising regulatory concerns. In the case of ...
Microfinance is an effective tool for financial inclusion—which is the process of ensuring access ... Non-Banking Finance Companies (NBFC-MFIs): NBFC-MFIs raise funds from bulk loans from ...
The Karnataka cabinet has approved an ordinance imposing non-bailable charges on microfinance and non-banking financial companies that engage in harsh loan recovery practices. This measure aims to ...
Stock Market Today: Small-cap NBFC stock Mufin Green Finance Ltd gained almost 7% % despite increasing the paid-up capital. The Mufin Green Finance Ltd through its release on the exchanges on 28 ...
Manappuram Finance Ltd stock rose 5.5% in early trade on Thursday after the Reserve Bank of India (RBI) lifted restrictions on its microfinance ... on Navi Finserv, an NBFC, in December 2024.
Jungle Ventures backs Infinity Fincorp, a Mumbai-based NBFC providing property-backed loans to MSMEs. Venture capital (VC) investments in the non-banking finance companies (NBFCs) surged in 2024 ...
In today’s fast-evolving financial landscape, the ability to anticipate and mitigate risks is crucial for the survival and success of NBFCs. Image: Twitter Fundraising by non-banking financial ...
The precarious state of today’s microfinance (MFI ... from the Q3 FY25 results that will be reported by banks and NBFCs. In this edition, we take stock of the listed NBFCs that have significant ...
Over the years, the microfinance industry (MFI) has played a pivotal role in providing access to finance for underserved bottom of pyramid (BoP) customers. It has served as a powerful tool in ...
The report also noted that Asset Under Management (AUM) growth for NBFCs is expected to slow to 20 per cent in FY25, compared to 24 per cent in FY24. However, HFCs may see improved AUM growth ...
MUMBAI, Jan 10 (Reuters) - Two Indian non-banking finance companies (NBFC) could raise about $900 million through the U.S. dollar bond market by the end of next week, merchant bankers aware of the ...
"It has also been observed in some microfinance institutions and NBFCs that the interest rates on small value loans are high and appear to be usurious," he said. Das added that the regulatory ...