Manappuram microfinance arm Asirvad is expected to witness a gradual improvement in new business volumes, but it remains to ...

RBI, in October, had imposed sanctions on Asirvad Microfinance, Arohan Financial Services, DMI Finance, and Flipkart ...

The RBI's decision to lift lending restrictions on Asirvad Micro Finance and DMI Finance followed a review of their revised ...

On October 17, the apex bank had issued directions to the aforementioned microfinance institutions to cease the business of ...

The Reserve Bank has lifted its ban on the 'sanction and disbursal of loans' by Asirvad Micro Finance and DMI Finance Pvt Ltd ...

In 2022, the RBI updated regulations for MFIs, which now apply to all entities in the sector, including banks, small finance ...

RBI said in a statement that it is satisfied with the companies’ submissions over their revamped processes, and commitment to ...

The Reserve Bank of India (RBI) has removed business restrictions imposed on Calcutta-based microfinance lender Arohan ...

Explore key recommendations by Sa-Dhan for strengthening microfinance institutions and expanding credit access in underserved ...

The number of borrowers taking loans from three or more lenders was 11 million, or 13% of the total microfinance borrower ...

Around 25 MFIs met with the Finance Ministry, seeking a revived credit guarantee scheme, dedicated funding, and relaxed RBI ...

Microfinance institutions are asking for dedicated funding and government support to tackle challenges. They highlight the ...