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...

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...

Banks should work towards banking the unbanked: MoS Finance

Apr 24, 2023

The Minister called for increasing bank penetration in rural areas

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.

UAE tops global fibre connectivity with 99.3 pc penetration

May 13, 2024

The UAE has once again been recognised as the global leader in Fibre to the Home (FTTH) penetration. This marks the eighth consecutive year...