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Pahal receives $12 million investment from DFC for rural financial inclusion

Based in Ahmedabad, Pahal is registered with the Reserve Bank of India as a Non-Banking Financial Company that provides microfinance services to low-income households. It has over 300 branches with over 2,500 employees and serves over 5,00,000 active clients. ....

Jammu And Kashmir , Purvi Bhavsar , Kartik Mehta , James Polan , Us International Development Finance Corporation , Banking Financial Company , Office Of Development Credit , Development Finance Corporation , External Commercial Borrowing , Managing Director , Whereas Mehta , Reserve Bank , Non Banking Financial Company , Vice President , Rural Financial Inclusion , Financial Inclusion ,

About the influence of microfinance group lending


Informal or formal, financial institutions that offer loans use one of two approaches, individual or group lending ....

Roup Lending Approach , Astercard Foundation Micro And Small Enterprises ,

microfinance lenders: Microfinance lenders need to raise fresh capital in FY25

According to Acuite Ratings & Research, pure-play microfinance lenders in India will need to raise fresh capital in FY25 to sustain their growth momentum. Acuite projects the country s microfinance portfolio to reach Rs 4 lakh crore by March 2024. The non-banking finance company-microfinance institutions (NBFC-MFIs) experienced a compounded annual growth rate of 24.6% in FY21-23 and increased their market share to 39.7%. ....

West Bengal , Suman Chowdhury , Sankar Chakraborti , Acuite Ratings Research , Shriram Finance , Acuite Ratings , Microfinance Lenders , Fresh Capital , Microfinance Portfolio ,