Browsing Tag
Microfinance
9 posts
Why is Utkarsh Small Finance Bank shrinking its JLG loan book in 2025?
Utkarsh Bank is cutting back its JLG microfinance portfolio in FY26. What’s driving the shift—and what does it mean for the bank’s future?
August 5, 2025
Utkarsh Small Finance Bank posts Rs 239cr Q1 loss despite secured loan push and deposit growth
Utkarsh Small Finance Bank posts ₹239 crore loss in Q1 FY26 despite secured loan push. Find out what’s driving the transition and investor concerns.
August 3, 2025
Arman Financial Services reports Q3FY25 loss as microfinance sector faces turmoil
Arman Financial Services Limited, a Gujarat-based non-banking financial company (NBFC) specialising in microfinance, micro-enterprise (MSME) loans, two-wheeler loans,…
February 16, 2025
IIFL Finance Q3FY25 results: Profit plummets 85% amid rising credit costs and loan portfolio shifts
IIFL Finance Limited has reported an 85% year-on-year decline in profit after tax (PAT) for the third quarter…
February 13, 2025
Satin Creditcare and HSBC India seal landmark Rs 119.1cr deal—What it means for microfinance in India
Satin Creditcare Network Limited (SCNL), a major player in India’s microfinance sector, has successfully concluded its first Pass-Through…
September 4, 2024
Muthoot Microfin launches first branch in Andhra Pradesh to boost financial inclusion
Muthoot Microfin (NSE: MUTHOOTMF, BSE: 544055), a prominent microfinance institution in India, has announced its expansion into Andhra…
August 22, 2024
Muthoot Microfin announces co-lending partnership with State Bank of India to support women entrepreneurs
Muthoot Microfin Limited (NSE: MUTHOOTMF, BSE: 544055), a prominent microfinance institution based in Kochi, has entered into a…
June 6, 2024
Siguler Guff & Company acquires ownership stake in Spandana Sphoorty Financial with Rs 240cr investment
Siguler Guff & Company, LP, a global multi-strategy private markets investment firm with over $16 billion in assets…
May 6, 2024
Muthoot Microfin secures $75m in syndicated social loan to boost microfinance
Muthoot Microfin Limited (NSE: MUTHOOTMF, BSE: 544055), a forefront microfinance institution in India, has successfully announced the closure…
March 30, 2024