When will distressed farmers get help, Sena asks Centre

Taking a sceptical view of Micro Units Development Refinance Agency Yojana launched by the Centre to support farming and micro-level enterprises, Shiv Sena on Monday sought to know when the......

RBI bars Navi Finserv, 3 other NBFCs from extending loans

The Reserve Bank of India (RBI) has barred four non-banking finance companies (NBFCs), including two microfinance institutions (MFIs), from sanctioning and disbursing loans for charging exorbitant......

De-risking loan portfolio likely a top priority for new Bandhan CEO

Partha Pratim Sengupta, who will be taking charge as the MD & CEO of Bandhan Bank in early November, has his task cut out. The Kolkata-based lender, which converted itself from a microfinance......

Rerating potential in Axis Bank stock, may be among top outperformers

The April-June quarter (Q1) of the current financial year (FY25) may be soft for banks with loan growth moderation, net interest margin (NIM) pressures, and higher staff and credit costs inching......

Banks turn cautious on lending to smaller microfinance players

Commercial banks have turned cautious in lending to smaller microfinance institutions (MFIs), which has compelled the latter to borrow from non-banking financial companies (NBFCs) at much higher......