The Central Bank of Nigeria, CBN, has revoked the operating licences of 46 microfinance banks across the country for failing to meet regulatory requirements.

Crisil expects MFI AUM to rise 20% in FY27, supported by growth in gold loans, MSME lending and improving microfinance ...

The internal watchdog of the International Finance Corp. found that the lenders pressured borrowers to keep paying back loans ...

Mumbai (Maharashtra) [India], July 1 (ANI): Microfinance institutions (MFIs) are expected to return to stronger growth this financial year, with their assets under management (AUM) projected to expand ...

The growth is driven by non-microfinance products such as gold loans and MSME lending, even as the core microfinance ...