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Banks, HFCs ride on sub-prime borrowers

While the total disbursement of housing loans by PSBs as well as HFCs witnessed a deceleration in 2016-17, there was significant growth for the lower slabs Illustration: Uttam Ghosh/Rediff.com......

Demonetisation woes drag on for small finance banks

Microfinance portfolio of SFBs saw a muted growth of about 3% last year Created with a vision of deepening financial inclusion, most small finance banks (SFBs) closed last financial year with a......

As DeMo impact fades, NBFC-MFI portfolio improves

The sector witnessed a 24 per cent growth in gross loan portfolio to Rs 38,288 crore, year-on-year Illustration: Uttam Ghosh/Rediff.com With their pool of micro-finance loans vulnerable to......

Note ban: MFIs seek more time for loan repayments

In December 2016, RBI had granted additional 60 days for repayment of certain loans With disruptive influence at local level continuing to impact repayments, the Microfinance Institution Network......

These banks are betting on local hiring in face of cost-effective staff crunch

These banks are finding it hard to pick up seasoned bankers at the pay they are offering With all the ten small finance banks (SFB) set to be operational over the next two months, local hiring has......

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