Since Muhammad Yunuspioneered the concept of microcreditin 1976 and founded the GrameenBank in Bangladesh, microcredit hasbecome a major movement. Worldwide,3,552 microcredit institutionsprovided ...
The recent developments in the Indian microfinance sector, particularly in Andhra Pradesh (AP), have been disconcerting. Within a relatively short period, a sector heralded as representing a ...
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Up to 2 banks/customer! Microfinance hotspot tightens noose on lenders—Rs 60,000 crore market in spotlight
Did you know that Bihar is the biggest market for microfinance lenders in the country? In a significant update for this banking segment, the state's lawmakers have cleared draft legislation aimed at ...
Widely discussed in the media and other forums, microfinance is often depicted as a villain causing more harm than good to the poor. How true is this? Microfinance started off in India sometime in the ...
The Karnataka government, under the stewardship of Chief Minister Siddaramaiah, has turned the spotlight on Micro Finance Institutions (MFIs) in the state—including the holding of a high-level meeting ...
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