Small loans help rural women boost their incomes Loan sharks traditionally dominate village credit markets Microfinance, financial literacy fight informal lenders NARELA, India, Dec 7 (Thomson Reuters ...

The growing digitisation helped the country’s microfinance industry grow over 16 times in the last decade, and this presents an opportunity for the fintech players Fintech startups have the capability ...

Nearly 80% of microfinance exposure is concentrated in rural India, while borrowers with loans from multiple lenders are ...

Microfinance emerged as a powerful tool for financial inclusion in India during the 1990s. Two models evolved. One was the Self-Help Group (SHG)-Bank Linkage Programme, promoted by Nabard and ...

India's microfinance sector contracted in the first quarter after a previous rebound. Uneven monsoon progress weighed on ...

S&P Global Ratings has warned that a weak southwest monsoon could hurt India’s rural economy by reducing farm incomes, increasing inflation and slowing demand. Agriculture, tractors, two-wheelers, ...

The deal, via share swap, will mark Purple Finance's entry into rural and semi-rural lending markets, it said.