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microfinance: Microfinance industry body wants members to explore underserved market

India s microfinance sector is highly concentrated, with the top 10 states representing 85% of the market, leaving many districts and villages with limited access to credit. Sa-Dhan, a microfinance industry body, is investigating reasons for this disparity and aims to encourage lenders to reach under-penetrated areas. Despite recent growth in financial inclusion, many districts have a penetration ratio of less than 30%, indicating a need for expansion in these regions. ....

Tamil Nadu , Uttar Pradesh , Jiji Mammen , Somesh Dayal , Satin Creditcare Network , Highmark Credit Information Services , Creditcare Network , West Bengal , Reserve Bank , Financial Inclusion ,

Schooling financial agents on 'saving money' takes poll position

To avoid delays, inconvenience, and a brush with the law, field officials and BCs are being told to put on their best behaviour, besides being “strongly discouraged” to carry cash beyond Rs 50,000 during the weeks of the election. ....

Microfinance Industry Network , Chief Election , Financial Agents , Micro Lending , Political Parties , Lok Sabha Polls ,

British International Investment explores more exposure to India's affordable housing, MSME sectors

The UK s development finance institution said that it has a strong pipeline on both debt and equity investment in these two sectors and that it is looking for innovative ideas for funding. ....

United Kingdom , West Bengal , Gaurav Malhotra , British International Investment , Shubham Housing Development Finance Company , Utkarsh Small Finance Bank , South Asia , Aavas Financiers , Shubham Housing Development Finance , Indias Affordable Housing , Msme Sectors , Equity Investment , Debt Investment , Financial Services Sector ,

Business News: MSME, microfinance, unsecured loans to be worst hit by new NPA norms for NBFCs: Crisil

MSME, microfinance, unsecured loans to be worst hit by new NPA norms for NBFCs: Crisil : Rashtra News Micro finance, MSME and unsecured loans are expected to be worst hot by RBI's new NPA recognition norms for NBFCs according to ratings firm . While home loans and gold loans will be the least impacted, the ....

Gurpreet Chhatwal , Nbfcs Crisil , Unsecured Loans ,

Gold loan NBFCs make hay while sun shines

With gold prices breaching psychological levels Muthoot Finance and Manappuram Finance could see a growth in their assets under management ....

Securities Ltd , Incred Research Services , Reserve Bank , Kotak Institutional , Manappuram Finance , Incred Research , Muthoot Finance , Gold Prices , Iifl Finance , Muthoot Finance Shares , Manappuram Shares , Vehicle Loans ,