Microfinance loans, typically collateral-free and aimed at borrowers with annual incomes of up to Rs 300,000 (USD 3,556), are ...

Indian lenders are bracing for another wave of defaults in their microfinance portfolios in the second half of the fiscal ...

AM(IST)on Wednesday in an upbeat market. Bank of Baroda(up 1.63 per cent), ICICI Bank Ltd.(up 1.0 per cent), State Bank of India(up 0.99 per cent), Punjab National Bank(up 0.91 per cent) and Bandhan ...

These concerns became more pronounced after lenders such as IndusInd Bank and Kotak Mahindra Bank found elevated stress in ...

A rise in retail-loan defaults in India due to aggressive lending practices is reverberating in the stock market, with ...

Bajaj Finance, one of the largest unsecured lenders, is cutting the number of clients with multiple loans, according to a presentation ...

joined rivals including Shriram Finance Ltd., Mahindra & Mahindra Financial Services Ltd., and IIFL Finance Ltd. that posted ...

These firms are grappling with an increase in bad loans, margin compression and intense competition for deposits, according ...

Retail-loan defaults are increasing in India. This is impacting the stock market. Analysts are concerned about the impact on ...