Bandhan is reborn as a bank

For India’s leading MFI-turned bank, the challenge is to stay competitive while pricing its loans While launching Kolkata-based Bandhan Financial Services' full-fledged commercial banking......

Third of banks' MFI loans go into restructuring

Almost a third of loans that banks have given to microfinance institutions have been admitted for restructuring.This follows the inability of MFIs to repay.The Corporate Debt Restructuring cell has......

More microfinance IPOs in the offing

It was merely a coincidence that the year after C K Prahalad's bestseller, The Fortune at the Bottom of the Pyramid: Eradicating Poverty through Profits (2004), that Vikram Akula returned to SKS......

Microfinance bodies: India tops Forbes list

After billionaires and household names like Ambanis and Mittals, it is the turn of little-known microfinance institutions from India to hit the pages of famed magazine Forbes, which has named seven......