An Andhra Pradesh law, said to be the root cause of the collapse of microfinance in India and the state in particular, has no jurisdiction over microfinance institutions registered as Non-Banking Fina

US Secretary of State Hillary Clinton threw her support on Sunday behind microfinance pioneer Muhammad Yunus on a visit to Bangladesh, calling the embattled Nobel laureate a global inspiration.

Clint

Jan. 4: Loans to the microfinance industry had been amongst the fastest growing segments for the Indian banking industry, till the recent crisis. Recently released data by the Reserve Bank of India (R

A steep drop in microloan repayment in India does not threaten the health of the nation's banking system, analysts and regulators say.

Many small borrowers in Andhra Pradesh state, which accounts for

New Delhi, Oct. 26: The finance minister, Mr Pranab Mukherjee, refused to throw his hat in the ring on microfinance. The government is not thinking of appointing a regulator for the microfinance secto

July 22: The Indian microfinance sector, which defied the slowdown, is expected to see a huge demand for skilled manpower in the next few years. “Though the sector offers huge job opportunities, the m