Page 6 - Microfinance

Small loans, big impact: Microfinance now big business at banks

High margins and volumes are two reasons why banks are exploring the market in thrift credit

Hit by currency purge, MFIs to go cashless

Almost all of the proposed small finance banks are expected to be launched in the next quarter

Achal Investments to offer shares at Rs 42 each

The proceed will be utilised for the company's expansion plans, joint ventures and potential acquisitions

Microfinance industry sees 29% rise in loan disbursements in Q1

MFIN report also said that the industry has experienced a growth of 89 per cent since first quarter of the FY 2015-16

Microfinance grows in loan size and urban footprint: EY report

Combined GLP grew 84% to Rs 53,200 crore in FY16 from Rs 28,900 crore in the previous year

Microfinance portfolio grew 84% in FY15

Microfinance firms were able to increase their portfolio substantially, even as one of the biggest micro-lender Bandhan was elevated to a bank