Private sector lender IndusInd Bank is seeking to offload Rs 1,573 crore of non-performing microfinance retail loans, amid mounting stress in the microfinance sector. The bank plans to auction these ...

A good part of the share price drop can be attributed to the recent problems being faced in the microfinance industry. Recall that the bank’s September quarter (Q2FY25) financials were hit owing ...

NucleusIS Africa Limited, an African technology company, has announced its acquisition of Rigo Microfinance Bank Limited. A statement issued on Thursday disclosed that the takeover is expected to ...

Private sector lender IndusInd Bank is looking to sell over 10 lakh microfinance bad loans worth Rs 1,573 crore through an auction process. According to a sale notice listed on the bank's website, it ...

Utkarsh Small Finance Bank on Friday said it is looking to offload Rs 355 crore worth of non-performing microfinance loans to asset reconstruction companies. The bank has set a reserve price of Rs 52 ...

Fusion Finance faces chaos: 75% stock crash, covenant breaches, and GNPA at 9.4%. With ₹800 crore capital and Warburg Pincus' support, it hopes to survive the ongoing microfinance crisis.

And likewise the cup after they had eaten, saying, ‘This cup is the new covenant in my blood, which will be shed for you’” (Luke 22:19-20). Here we have Jesus instituting the Eucharist and ...

A woman in Giridih district of Jharkhand allegedly died by suicide on Monday due to continuous harassment by employees of a microfinance company. The police arrived at the scene after getting the ...

See how we rate banking products to write unbiased product reviews. You may like Citizens Bank if you live on the East Coast or Midwest and are looking for a brick-and-mortar bank. It pays good ...

About Ally Bank Ally offers a wide range of products. In addition to the offerings listed above, Ally also has credit cards and loans for medical treatments. It's part of the Allpoint ATM network ...