If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for ...
Recent revelations about the role of Nobel Prize winner Muhummad Yunus in the alleged misuse of $100 million by the Grameen Banks (and the cover-up of that misallocation) have begun to provoke overdue ...
The following post was published on the Knowledge@Wharton website on January 16, 2013. Microfinance -- an approach to poverty based on providing small loans and other financial services to poor people ...
Grameen Bank, which won the Nobel Peace Prize in 2006, earned its celebrated reputation by helping poor women in Bangladesh become entrepreneurs. Through microfinance loans — small amounts of capital ...
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In Q4 FY25, CreditAccess Grameen’s PAT collapsed to Rs 47 crore as overleveraging, regulation, and floods hit collections. Three quarters later, profits rebounded to Rs 252 crore, and ROA climbed to 3 ...
NBFC-MFIs topped the microfinance portfolio in FY23 with Rs 1.30 lakh crore portfolio size in comparison to banks (Rs 1.20 lakh crore), SFBs (Rs 58,431 crore), NBFCs (Rs 29,664 crore) and ...
Some MFIs are turning into business correspondents. They are also looking for more secured loans, one of the products being loan against gold ...
According to the Bank of Ghana, this decline is not merely a financial outcome, but it reflects a reduced contribution to ...
The State Bank of Pakistan has granted Sindh Microfinance Bank a nationwide license, allowing it to expand services ...