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 ...

Asset quality stress in the microfinance sector doubled from April to September 2024, with loans overdue increasing from 2.15 ...

Earlier, the RBI had warned that some NBFCs, including MFIs, were adopting a "growth-at-any-cost" approach and cautioned that ...

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

The Reserve Bank of India has lifted the lending restrictions on Arohan Financial Services. The ban was initially imposed due ...

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 ...

RBI lifts lending restrictions on Arohan Financial Services due to fair loan pricing, ensuring compliance with regulations.

The microfinance sector has been grappling with high delinquencies attributed to overleveraging and stress in rural household incomes.