RBI: Microfinance Must Focus on Income Stability Now
RBI deputy governor outlines 5 priorities for microfinance sector's next phase, urging shift from basic access to sustainable income pathways and formal credit integration.
RBI deputy governor outlines 5 priorities for microfinance sector's next phase, urging shift from basic access to sustainable income pathways and formal credit integration.
Jammu & Kashmir leaders Omar Abdullah and Manoj Sinha emphasized upholding constitutional values on Constitution Day. Abdullah defended religious institutions while Sinha highlighted post-370 changes. Read more about their significant addresses.
India's new labour codes face scrutiny as workers express concerns over pro-employer provisions. Consensus needed for balanced reform that protects both businesses and employees.
Indian lenders face rising delinquencies in micro loans against property as stress spreads from unsecured microfinance. NBFCs report worsening asset quality with 90+ day delays increasing.
PwC and Sa-Dhan study reveals microfinance institutions must rebuild credibility through financial literacy and ethical practices to achieve sustainable growth in India.
Unidentified assailants set fire to a Grameen Bank branch in Bangladesh's Cumilla district, injuring four people. The attack follows recent political violence in the region.
A 48-year-old widow from Ropar dies by suicide after facing extreme bullying from recovery agents over unpaid ₹1000 loan dues, exposing the dark side of micro-lending practices in Punjab.
A heartbreaking story from Punjab exposes the brutal reality of illegal money lending as a family loses their mother over an inability to repay a small loan with exorbitant interest rates.
India's microfinance industry is witnessing early recovery signs with falling bad loans, but challenges persist in collections and borrower stress. Read the complete analysis.
Global banking giant HSBC sets aside massive $1.1 billion provision for potential losses linked to Bernie Madoff's infamous Ponzi scheme, causing stock market jitters.
Major Indian banks including SBI, ICICI, HDFC, and Axis Bank may need to set aside ₹75,000 crore as RBI's Expected Credit Loss framework reshapes banking provisions. Learn how this game-changing regulation impacts profitability and lending.
Federal Bank reports surprising 9.5% drop in net profit to Rs 906 crore for Q4 FY24, despite robust operating income growth, as higher provisions take their toll. Key financial highlights and analysis.
IndusInd Bank faces unexpected ₹437 crore loss in Q2 FY26 as microfinance provisions hit profits. Discover how the banking sector is navigating these challenges and what's next for investors.
IndusInd Bank reports unexpected net loss of ₹445 crore in Q2 FY25 due to massive provisions. NII drops 17.5% YoY while asset quality shows mixed signals. Full analysis inside.
Federal Bank reports 9.51% decline in Q2 net profit to ₹992 crore despite healthy NII growth of 18%. Rising provisions and operational costs impact bottom line. Read complete analysis.