Piramal Finance and ICICI Bank have partnered to co-lend, focusing on home loans and loans against property for middle- and low-income borrowers in semi-urban and rural areas, aimi...
Sebi plans to introduce mutual fund schemes bundled with term life insurance to attract rural investors, aiming for financial inclusion and low-cost premiums. A 'Pay Right' initiat...
Recent data shows a significant increase in default rates for personal loans under Rs 10,000, with a peak in delinquencies among loans issued between December 2023 and June 2024. N...
The Finance Ministry is set to review the progress of financial inclusion schemes, including Jan Suraksha and Mudra Yojana, in a meeting with public and private sector bank heads. ...
The microfinance sector faces a 4% portfolio shrinkage in Q2 FY25 as delinquency rates double, prompting calls for credit guarantees and digital repayment methods to stabilize the ...
