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Arcil acquires Ujjivan SFB’s stressed microfinance loans aggregating ₹365.5 crore for ₹34.26 crore
11 Mar 2025 00:10 GMT
… off loans from its microfinance portfolio aggregating ₹365.5 … the above pool of microfinance loans.
The portfolio, … a substantial number of microfinance accounts, was acquired through … financial stability in the microfinance sector.
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No proposal for relief to microfinance sector due to NPAs
11 Mar 2025 00:09 GMT
The microfinance sector is showing signs of … with its supervisory entities and microfinance institutions - self regulatory organisations …
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FRA raises microfinance loan cap to EGP 266,000
08 Mar 2025 15:19 GMT
… for microfinance institutions and raise the insurance coverage cap for microinsurance.
… Decision No. 17 of 2025 increases the loan ceiling for microfinance … government’s financial inclusion goals. Microinsurance, in particular, plays a …
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The microfinance market has shrunk
08 Mar 2025 00:18 GMT
… (GBC) - The network of microfinance organizations (MFOs) has expanded. It …
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88% protection gap persists despite growth in microinsurance coverage: MiN
07 Mar 2025 19:04 GMT
… Genazzini, Executive Director of the Microinsurance Network, emphasised collaboration between stakeholders … : “To expand microinsurance coverage, public-private partnerships are …
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Karnataka’s microfinance woes, government aims at regulation and nuanced reforms
07 Mar 2025 15:08 GMT
… , taken from unlicensed and unregistered microfinance institutions (MFIs).
The bill also … lakh unique borrowers relying on microcredit loans. The total gross loan … interest rates. “The issuer of microfinance harassment arises from systemic failures …
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Microinsurance expands to cover 344m globally in 2024
07 Mar 2025 05:02 GMT
… regulators are increasingly supporting the microinsurance market.
Subsidies play a … access.
Whilst financial institutions, microfinance groups, and brokers continue to … .
The study highlights that microinsurance products typically see significant growth …
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Bill to regulate microfinance lending tabled
07 Mar 2025 02:11 GMT
… discharging loans taken from unlicensed microfinance institutions (MFIs) and preventing coercive … a ₹5 lakh fine when microfinance loans are typically capped at … as a step toward regulating microfinance operations while offering relief to …
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Fina Trust Microfinance Bank Announces New Chairman and Chief Operations Officer.
06 Mar 2025 19:24 GMT
Fina Trust Microfinance Bank is delighted to … Officer (COO).
Fina Trust Microfinance Bank is a leading Nigerian … financial institution specializing in exceptional microfinance services. It is a … about 16 years in the microfinance industry in Nigeria. He …
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Quantum AI Meets Microfinance: How Sinapi Aba Savings and Loans is Transforming the Future of Banking in Ghana
06 Mar 2025 19:23 GMT
In a world where technology is reshaping industries at an unprecedented pace, the fusion of Quantum Computing and Artificial Intelligence (Quantum AI) is emerging as a transformative force. For Ghana, a nation where agriculture contributes over 20% of GDP …