Topic: microlenders
Why RBI’s proposed microfinance policy changes are borrower-friendly
Proposed changes divert the borrower away from informal lenders and also show the RBI’s intent of giving the NBFC-MFIs a level-playing field in the financial system.
Why microborrowers in Assam are refusing to repay their loans this poll season
Microfinance — or small collateral-free loans meant for low-income groups — has emerged as a poll plank on the threshold of the 2021 Assam assembly elections.
Newest bank to list, Ujjivan Small Finance debuts with as much as 70% in IPO
Ujjivan Small Finance shares climbed as high as Rs 62.80 before closing the session at Rs 56 in Mumbai, up 51% from the IPO price.
Satin Creditcare, one of India’s top microlender, seeks $900 million to fund loan growth
Credit ratings of Satin haven’t seen a downgrade by any of the four rating companies as the lender doesn’t rely on mutual funds for financing requirements.
Parag Agrawal of Twitter signals Brahmin clout at IIT ending. Kota is now Baniya phenomenon
Baniyas, with their financial might, have breached the sanctum sanctorum of IITs. Money is playing a bigger role than birth in a certain caste. Change is welcome.
Bezos, Branson & Musk — Are billionaires popularising space travel or just on an ego trip?
Jeff Bezos will travel to the edge of space in his New Shepard aircraft — more than a week after billionaire Richard Branson defeated him in a fast developing space race.