Recent revelations about the role of Nobel Prize winner Muhummad Yunus in the alleged misuse of $100 million by the Grameen Banks (and the cover-up of that misallocation) have begun to provoke overdue ...
NBFC-MFIs topped the microfinance portfolio in FY23 with Rs 1.30 lakh crore portfolio size in comparison to banks (Rs 1.20 lakh crore), SFBs (Rs 58,431 crore), NBFCs (Rs 29,664 crore) and ...
A structural shift is reshaping India’s microfinance sector, with regulated lenders displacing informal sources as borrowing ...
India’s microfinance sector is showing sustained signs of stabilisation, with delinquency levels easing and lenders shifting ...
Banks have turned cautious on microfinance after months of stress. The ₹20,000 crore guarantee seeks to de-risk lending and ...
In 2006, the Nobel Peace Prize was awarded to Mohammed Yunus and the Grameen Bank for their roles in developing microfinance as an ‘ever more important instrument in the fight against poverty’ ...
Critics of microcredit make some convincing arguments that need urgent rebuttal from the organisations that have ploughed huge sums into it The complicated twists and turns in Bangladesh over the ...
Microfinance is the provision of financial services to low-income clients or solidarity lending groups including consumers and the self-employed, who traditionally lack access to banking and related ...
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Baobab Microfinance Bank is expanding its presence in Lagos with a new head office along Ikorodu road, as part of its ...
Flutterwave has taken steps to deepen its role in Nigeria’s financial system by moving into microfinance banking which ...
Parliament Speaker Dr. Jagath Wickramaratne yesterday endorsed the certificate on the Microfinance and Credit Regulatory ...
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