Asirvad MFI appoints Satish Nair as President and CEO

Jun 07, 2024

Kochi (Kerala) [India], June 7: Asirvad Micro Finance Limited ('Asirvad'), a subsidiary of Manappuram Finance Limited (MAFIL) (BSE: 531213) (NSE: MANAPPURAM), has appointed Satish...

NBFC-MFI sector may see more restructuring of portfolio: Crisil

Jun 12, 2021

Mumbai (Maharashtra) [India], June 12 : A hit to collection efficiency of non-banking finance companies and microfinance institutions (NBFCs-MFIs) owing to protracted Covid-19 curbs...

Indian Micro Finance sector grows by over 2,100% in 12 yrs

Jan 09, 2025

As per the MFI stateholders, the industry has grown more than 2176 per cent over 12 years.

MFI Spandana Sphoorty to buy Criss Financial for Rs 50 cr

Mar 11, 2021

Hyderabad (Telangana) [India], March 11 : Micro-finance institution Spandana Sphoorty Financial Ltd on Thursday approved an investment of Rs 50 crore in equity share...

Microfinance sector to remain in distress in FY 25 - Motilal Oswal

Oct 21, 2024

The microfinance sector (MFI) is expected to remain under distress for the entire current financial year, according to a recent report by Motilal Oswal.

Arohan selects Scienaptic's AI-Powered Platform to strengthen Its AI Innovation

Oct 03, 2022

Kolkata (West Bengal) [India], October 3 (ANI/PNN): Leading global AI-powered credit decisioning platform provider Scienaptic AI announced today that Arohan Financial Services Limited, India's...