It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. Photograph: Rupak De Chowdhuri/Reuters A year later, in......
'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.' Illustration: Dominic Xavier/Rediff.com Microfinance institutions (MFIs) have become......
The top 50 exposures, amounting to Rs 7.8 trillion, of government-registered non-banking financial companies (G-NBFCs) constitute about 40 per cent of corporate credit within the NBFC sector,......
The Reserve Bank of India's (RBI's) latest order on unsecured loans is set to hit the banking sector's growth in the near-term, cautioned analysts, as they see banks slowing down on aggressive......
Gold prices hit record high in the third week of March as fears of bank collapses and high inflation led investors to the traditional safe haven. Photograph: Leonhard Foeger/Reuters Gold prices......