Microfinance has been touted as a miracle cure for poverty in the global south. The reality has been a lot messier. Illustration by Adrià Fruitós. Yabom was lucky. She heard a flat tone, then an ...

The country?s only listed microfinance company, SKS Microfinance, on Monday said it has securitised R354 crore of receivables from 18 states, except Andhra Pradesh. The securitisation was done by a ...

Microfinance has seen tremendous growth over the years, and as per various reports, a large population still lacks a savings account, while several families and individuals come under the low-income ...

A microfinance institution or micro-finance lender gives small, unsecured loans to people from poorer sections of the society. Usually, the maximum amount of loan that a micro-finance lender gives is ...

The government of India’s Andhra Pradesh state said Monday it would push prosecutors to move ahead with 76 criminal cases against employees of Indian lenders it believes were involved with driving ...

HYDERABAD, INDIA: SKS Microfinance Limited, India's only listed microfinance institution (MFI), has sold another Rs 354 crore off its loan book to a leading public sector bank, paving the way for ...

MUMBAI, India – The government of India’s Andhra Pradesh state said Monday it would push prosecutors to move ahead with 76 criminal cases against employees of Indian lenders it believes were involved ...

Once saviours in Bihar, microfinance companies have become engines of debt, trapping families in the very loans meant to save ...