Muthoot Microfin CEO on journey to IPO, future of microfinance
“Microfinance industry is in a very sweet spot and more because of the regulatory environment that RBI has created," says Sadaf Sayeed, CEO, Muthoot Microfin.
microfinance
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Bajaj Finance to launch microfinance, tractor and commercial vehicle financing
The NBFC major is estimated to add 14 million customers—11 million offline and 3 million digital--- in this financial year.
Bajaj Finance’s Fire Fighter
Rajeev Jain has led the Pune-headquartered company’s digital transition and launched new lines of businesses, adding to its heft.
CA Grameen: A Resilient Ecosystem
Business efficiency and prudent lending practices have kept the Dutch-owned micro lender on top of the MFI pyramid.
Micro credit grows to ₹2.63 lakh cr, MFI loans up 19% in 2021-22
The average ticket size per loan stood at ₹39,903 as on March 2022 whereas it was ₹36,510 as on March 2021.
RBI's microfinance rules offer more flexibility to NBFCs: ICRA
This comes days after the banking regulator removed the cap on the rate of interest charged by microfinance NBFCs.
Microfinance causing 'debt trap', 'harsh recovery'; needs stringent regulations: RBI Dy Guv
MFIs that account for 70% of loan portfolio not guided by regulations meant to protect customers, says deputy governor Rajeshwar Rao.
Is India on the cusp of a new fintech revolution?
India has liberalised regulations relating to geospatial data and maps. The sweeping changes are radical and Prime Minister Narendra Modi may have unleashed a trillion dollar fintech opportunity.
Bandhan Bank: An ear to the ground
Beginning its life as a microfinance company, Bandhan Bank has made its name as a commercial bank to watch out for. It now wants to leapfrog into the future. Will it be able to work its magic again?
Covid-19: Lockdown extended till May 17
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.
