Secretary, DFS emphasised that MFIs in India need to be more robust, vibrant and financially sound, catering to the needs of rural masses. MFIs need to draw a roadmap to strengthen the sector and become more viable,
Jan 09, 2025
Women-led Self-Help Groups (SHGs) constitute 58% of total SHGs, demonstrating the transformative role of women in driving financial empowerment
Dec 13, 2024
Profit After Tax (PAT) de-grew by 43.8% YoY from Rs109 crore to Rs62 crore
Nov 06, 2024
With the new branch, Muthoot Microfin has expanded its network to 20 states serving over 3.4 million customers.
Aug 23, 2024
Loans worth Rs4,338 Crore Provided to Over 1 Lakh SHGs in Gujarat
Jul 30, 2024
The MFI has effectively reduced the lending rate from 23.65% to 23.30%
Jul 20, 2024
The loan amounts will range from a minimum of Rs 10,000 to a maximum of Rs 3,00,000, providing a substantial boost to women entrepreneurs from rural regions
Jun 06, 2024
The country’s leading NBFC has today announced its strategic expansion with a new office space in Mumbai’s financial hub Bandra-Kurla Complex
May 10, 2024
Completion of 25 years of Inclusive Finance Journey
May 07, 2024
Its full year profit swells 2.74x
May 06, 2024
