Hyderabad, Nov. 18: State Bank of India (SBI) has an exposure of `300 crore to the troubled microfinance sector in Andhra Pradesh and the public sector lender feels the loans are “safe”.

Loans have

New Delhi, Nov. 15: With microfinance institutions (MFIs) drawing flak for their strong arm tactics, the government on Monday said it expects to arrive at a consensus soon on selecting a regulator for

Mumbai, Nov. 2: Amid sharp criticism of microfinance institutions (MFIs) on using coercive methods for loan recovery, the Reserve Bank on Tuesday said that its sub-committee will submit a report on th

Hyderabad, Oct. 26: Microfinance institutions (MFIs) are facing difficulty in collecting weekly loan installments despite a High Court order allowing micro lenders to conduct their business in the sta