हिंदी में पढ़ें
Banking & Financial Services
Income Tax Calculator
Personal Loan Calculator
Car Loan Calculator
Home Loan Calculator
Merger and acquisition alert! Dvara KGFS acquires NBFC, MFI Varam Capital
Wed, Apr 10, 2019
Post this acquisition, the board has appointed Joby as the CEO and LVLN Murty as the Deputy CEO of Dvara KGFS. NT Arun Kumar also joins as Independent Director.
Net interest margins of MFIs to face pressure: KPMG
Sat, Dec 15, 2018
Net interest margins (NIMs) of micro-finance institutions (MFIs) would be under considerable pressure as competition rises in the sector, a study by KPMG has said
Demonetisation hits small loans as sectoral growth more than halves
Mon, Aug 21, 2017
ICRA said, "The Indian micro loan sector with a size of around Rs 1.7 lakh crore as on March 31, 2017, has grown at a healthy compounded annual growth rate of 32% during FY2013-2016. Of this NBFC-MFIs, Small Finance Banks (SFBs) and Banks (excluding the SHG Bank linkage programme) had grown at a much faster pace of 57%. However, the growth trajectory for NBFC-MFIs/SFBs and banks changed post-demonetisation with the portfolio growth slowing down from 72% in FY2016 to 29% in FY2017."
Is farm loan waiver impact on Indian economy overestimated?
Mon, Jun 26, 2017
Analysts and industry experts believe that it is the Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) that are to take a greater hit with these farm loan waivers. A study estimated that NPA amount for cooperative credit system alone is at Rs 40,000 crore.