Private equity firms at Svatantra Microfin's doorstep
The Ananya Birla-led firm, India’s second largest microlender, is set to raise ₹2,000 crore from private equity firms Advent International and Multiples Private Equity
Source: livemint.com
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Manoj Nambiar: 'Money lending has become prudent and conservative'
'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.'
Source: rediff.com
Financial inclusion challenge: How have initiatives like Jan Dhan, Mudra loans, and many more fared so far?
There has been a significant emphasis on financial inclusion in the last decade with initiatives like basic bank accounts under Jan Dhan and Mudra loans for small firms. Have they helped address the gaps in financial inclusion? - Issue Date: Jan 07, 2024
Source: businesstoday.in
Microfinance loan portfolio stands at Rs 3.76 lakh cr at end of FY'24 Q2 Industry body
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Source: theweek.in
Microfinance loan portfolio stands at Rs 3.76 lakh cr at end of FY'24 Q2: Industry body
According to the report prepared by Microfinance Institutions Network (MFIN), a self-regulatory body of the NBFC-MFIs, microloan disbursals during the July-September quarter of 2023-24 touched Rs 76,054 crore, as compared to Rs 71,916 crore in the same period of the previous financial year.
Source: indiatimes.com