Microfinance industry posts 43% growth in Q3

Microfinance industry posted 43.1 per cent growth in December quarter 2018 as compared to the year-ago period, with a total loan portfolio of ₹ 1,66,284 crore, a...

How microfinance may lead to indebtedness

NEW DELHI: In India, where access to the formal banking system is restricted, microfinance emerged as an important and popular alternative in the 2000s. However, the...