The study found that microfinance loans in Nigeria have a negative and significant impact on the growth of small businesses, suggesting that increasing loans may hinder SME expansion. This is likely ...

FHA and VA loans make up 40% of Rocket Mortgage’s ... Why We Like ItRate boasts a streamlined application process, with full underwriting in as little as one business day, though average fees ...

Chaudhary also noted that the RBI has instructed banks and NBFCs to tighten lending norms and improve loan recovery efforts. It is also engaging with supervisors and MFI Self-Regulatory Organisations ...

Asset Reconstruction Company (India) Ltd (Arcil) has acquired Ujjivan Small Finance Bank’s non-performing and written-off loans from its microfinance portfolio aggregating ₹365.5 crore for ...

Banks will soon set aside less capital for loans to better-rated nonbank financial firms and microfinance loans. This move aims to revive slowing GDP but requires caution to avoid potential risks from ...

In January, Krishnamurthy (35) from Malkundi village and Jayasheela (53) from Ambale village died by suicide after failing to repay microfinance loans of ₹4 lakh and ₹5 lakh, respectively.

Bengaluru: People who have obtained loans from unregistered microfinance institutions and moneylenders will not have to repay dues if the new Karnataka Micro Loan and Small Loan (Prevention of ...

The Bill proposes to wholly discharge borrowers from making repayment of loans, including rate of interest, taken from unlicensed and unregistered microfinance institutions (MFIs). Law and ...

Microfinance lender CreditAccess Grameen said on Thursday the asset quality of its portfolio is stabilising and rise in overdue loans moderated in February, citing improved collection and “strong ...

As per the Karnataka Micro Loan and Small Loan (Prohibition of Coercive Actions) Ordinance 2025, all microfinance institutions ... obtain the prescribed application form from the Nodal Officer ...

The central bank has reduced the risk weight requirement for banks on consumer microfinance loans by 25 percentage points to 100 per cent, according to a circular issued by RBI. Risk weight determines ...

Microfinance consumer loans to attract risk weight of 100% The Reserve Bank of India (RBI) has announced that microfinance loans in the nature of consumer credit shall also be excluded from the ...