Rafiki Microfinance Bank argued that interest on defaulted loans should not be taxed as income since it is not yet realised.

The deal marks the company’s first significant purchase in Africa and its formal entry into the East African region.

Recent revelations about the role of Nobel Prize winner Muhummad Yunus in the alleged misuse of $100 million by the Grameen Banks (and the cover-up of that misallocation) have begun to provoke overdue ...

Suryoday Small Finance Bank pivots beyond microfinance stress, focusing on individual underwriting, retail lending and ...

For millions of people without access to traditional banking, the internet is a lot more than a place to share the latest family photos. It’s an opportunity to tell their stories and gain access to ...

The Institute for Financial Integrity (IFI) today announced that Al-Kuraimi Islamic Bank (KIB) and Al-Kuraimi Islamic Microfinance Bank (KIMB), two of Yemen's prominent financial institutions, have ...

Baobab Microfinance Bank is expanding its presence in Lagos with a new head office along Ikorodu road, as part of its ...

Banks have turned cautious on microfinance after months of stress. The ₹20,000 crore guarantee seeks to de-risk lending and push stalled proposals through. How will it revive credit flow to small ...

India microfinance sector study shows informal borrowing collapse, digital loans rise, and strong borrower trust, boosting ...

A structural shift is reshaping India’s microfinance sector, with regulated lenders displacing informal sources as borrowing ...

India’s microfinance sector is showing sustained signs of stabilisation, with delinquency levels easing and lenders shifting ...