Explore the complexities of microfinance, its benefits, challenges, and the need for better regulation and financial ...

Commercial microfinance in India is a subprime credit industry that lends to over 35 million working-class women at interest rates of 20 to 26 percent. In the last decade, the industry has seen ...

Axis Bank is evaluating the acquisition of the promoter stake in microfinance lender CreditAccess Grameen and may place a bid ...

Small loans help rural women boost their incomes Loan sharks traditionally dominate village credit markets Microfinance, financial literacy fight informal lenders NARELA, India, Dec 7 (Thomson Reuters ...

On August 23, 2015, Bandhan, India’s largest microfinance institution, became a full-fledged bank. Bandhan has provided financial services to more than 6.5 million of India’s poorest borrowers, mainly ...

HOUSTON, March 7, 2022 – In partnership with the India Studies program at the University of Houston, Asia Society Texas welcomed three experts to discuss the microfinance industry in urban India, ...

Belagavi: More than 12,000 women from Kakati and the surrounding villages of Belagavi taluk have been reeling under harassment from microfinance institutions for over a year after falling prey to a Rs ...

NEW DELHI/MUMBAI, Oct 19 (Reuters) - Microfinance Institutions Network (MFIN), a body of microfinance institutions in India, on Tuesday filed a petition in the Andhra Pradesh High Court against the ...

The International Finance Corporation (IFC) estimates that microfinance has reached some 130 million people worldwide in the last 15 years. This is impressive growth, certainly, and has no doubt ...