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[ad_1] Non-banking financial companies (NBFCs) maintained their growth momentum in Q1 FY24 led by strong demand for retail, especially unsecured, loans and a pick-up in the...
[ad_1] Gross loan portfolio of the microfinance industry rose 22 per cent in FY23 to ₹3.5-lakh crore, serving 6.6 crore unique borrowers. The number of active...
[ad_1] IDFC First Bank is close to signing a deal to acquire Vaya Finserv’s entire microfinance loan portfolio for about ₹1,000 crore. “The portfolio buyout is...