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...

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.

Microfinance sector in India shows early signs of stress abating: Macquarie

Jun 13, 2025

The Indian microfinance (MFI) sector is showing early signals of abating stress, due to the positive outlook based on improving portfolio quality data from...

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...

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...