Microfinance Industry Newswire

IndusInd Bank’s microfinance recovery faces drought risks in three states

Microfinance book grew 8% sequentially after around eight quarters of decline, but drought risks in Karnataka, Maharashtra and Andhra Pradesh warrant caution. Microfinance gross slippages fell to 3.3% from 4.6%, while loans overdue by 1–90 days declined to …

Microfinance companies harassing farmers will face strict action: Fadnavis

Mumbai, Maharashtra Chief Minister Devendra Fadnavis on Tuesday said an advance payment of Rs 5,000 will reach the bank accounts of drought-hit farmers within two days and announced strict action against microfinance companies found harassing cultivators. …

RICBL, RENEW Microfinance Sign Credit Life Insurance Agreement to Protect Borrowers

The Royal Insurance Corporation of Bhutan Limited (RICBL) and RENEW Microfinance Private Limited (RMF) signed a Credit Life Insurance Agreement, introducing an additional layer of financial protection for microfinance borrowers and their families. The …

Micro-Credit Association raises alarm over rising non-performing loans

The Micro-Credit Association Ghana (MCAG) has raised concerns over rising non-performing loans in the microfinance sector, with the rate reaching 10.9% in the fourth quarter of 2025, more than double the industry benchmark of 5%. The Association’s …

Microfinance Lenders Must Check Repayment Capacity Before Granting Loans

DC’s Julie Earne Uses Financial Know-How to Ensure Longevity of Jewish Orgs

Julie Earne. (Courtesy of Julie Earne) Julie Earne’s 25-year career in microfinance has taken her to Uganda, Kenya, South Africa and Myanmar. Her next step was dedicating those same financial skills to Jewish philanthropy through the Harold Grinspoon …

Ebdaa Hosts “Your Health Means the World” Exhibition to Raise Breast Cancer Awareness

Ebdaa Microfinance Company, in partnership with the Ministry of Health, recently hosted a breast cancer awareness exhibition under the theme “Your Health Means the World”at the Regency Hotel. Held as part of Pink October, the annual Breast Cancer Awareness …

Progressive microfinance sector reforms, a collective priority – Dr Agbeko 

By Maxwell Awumah Ho, Oct 25, GNA-Reverend Dr Daniel Agbeko, a Microfinance Consultant and entrepreneur says progressive microfinance sector reforms is a collective priority targeted at addressing structural weaknesses, strengthening supervision and …

SBC revenue falls 5.4%, loan book shrinks

Reading Time: 3 minutesSBC Limited recorded a 5.4% decline in group revenue as its gross loan book contracted by 6.2% during the six months ended in June. The group’s reviewed financial results for the period ended June 30, 2026, show mixed performance, …

Bandhan Bank denies acquisition talks with First Abu Dhabi Bank

Bandhan Bank on Tuesday denied reports of acquisition-related discussions with First Abu Dhabi Bank, calling its reference in a news report factually "incorrect". The lender said it was not involved in any such discussions or proposal. "The …

NBFCs Rein In Rural Lending in Drought-Hit Districts as Weak Monsoon Raises Repayment Risk

India’s largest non-banking financial companies are turning cautious in the countryside. Shriram Finance, Mahindra & Mahindra Financial Services (M&M Finance) and Bajaj Finance are slowing fresh disbursements in drought-affected districts, stepping …

How BRAC is empowering Tanzanian communities to take charge of their own development

Development is often discussed in terms of money spent, projects launched and people reached. However, for Joydeep Sinha Roy, Country Director of BRAC Maendeleo Tanzania, the real test is much simpler: what happens when the organisation providing support …

We must make formalisation easier than staying in the cash economy

In early September, in an article published by this newspaper, I highlighted how the country’s underground economy was not only depriving the government of much-needed revenue but also sustaining inequality, rewarding tax evasion, distorting competition, …

IFC Approves CFAF 2.87 Billion Guarantee for Bank Loan to Microfinance Lender ACEP

The International Finance Corporation (IFC) on October 9, 2026, approved a guarantee of up to CFAF 2.87 billion backing a loan that Banque Internationale du Cameroun pour l’Épargne et le Crédit (BICEC) plans to provide to microfinance institution ACEP …

Festival spending soars, bank lending crosses Rs 6 trillion

Kathmandu, Oct 26: Bank lending in Nepal crossed Rs 6 trillion by mid-September as festival shopping and import trade boosted demand for credit, Nepal Rastra Bank data show. Banks and financial institutions increased their outstanding loans by Rs 62.85 …

Abia PDP guber candidate, Anosike, vows common facility centre for Aba leather, garment clusters

The Peoples Democratic Party, PDP, governorship candidate for the 2027 election in Abia State, Dr. Kelechi Anosike, has promised to build a world-class Common Facility Centre, CFC, in Aba to boost the leather and garment clusters. Anosike made the promise …

BPI earns ₱48.9 billion in first 9 months of 2026

MAKATI CITY — Bank of the Philippine Islands (BPI) reported net income of ₱48.9 billion in the first nine months of 2026, supported by strong loan growth, higher fee income and healthy business activity across key segments. The bank said continued …

NGX gains ₦2.64tn as Dangote Cement rallies 10%

The NGX All-Share Index rose 1.65% on Monday to 251,290.54 points, adding ₦2.64 trillion to market capitalisation. Dangote Cement gained 10% for a second consecutive session, helping lift the industrial index by 5.37%. Market capitalisation reached about ₦ …

Uzbekistan issues its first Islamic banking license

TASHKENT, Uzbekistan (MNTV) – Uzbekistan’s central bank has issued its first license for Islamic banking operations, to Open Bank, marking a new stage in the development of Islamic finance in the country, the Fergana news agency reported. The regulator’s …

Renewables Named Finalist in FEMA Startup Pitch Competition

Santa Rosa maker of the e2T electric two-wheel tractor is one of five companies selected to pitch at the 2026 FEMA Annual Convention in New Orleans NEW ORLEANS, LA, UNITED STATES, October 27, 2026 /⁨EINPresswire.com⁩/ -- Renewables, Inc., maker of …

Schroth Team Ranked #1 Real Estate Team in Longwood, FL in 2026 RealTrends Rankings

Schroth Team at eXp Realty earns the #1 Longwood ranking by both sales volume and transaction sides in the 2026 RealTrends Verified rankings. LONGWOOD, FL, UNITED STATES, October 27, 2026 /⁨EINPresswire.com⁩/ -- Schroth Team, led by Todd Schroth …

LinkUnite Celebrates Advisory Board Member Gayla Huber’s Appointment to CFPB Consumer Advisory Board

LinkUnite founding member Gayla Huber joins the CFPB Consumer Advisory Board, bringing expertise in consumer protection, digital ads, and fraud prevention. NORRIS, TN, UNITED STATES, October 27, 2026 /⁨EINPresswire.com⁩/ -- Founding member and …

Krytheon CEO and Chief Innovation Officer Aylin Orial Named to 2026 CTO Craft 100

NEW YORK CITY, NY, CANADA, October 27, 2026 /⁨EINPresswire.com⁩/ -- Krytheon Inc., an enterprise artificial intelligence infrastructure company focused on governed AI execution for regulated and mission-critical environments, today announced that …

Ann Chauss Ranked #2 Realtor in Port St. Lucie, FL by Agent Arena

Treasure Coast House Hunters leader Ann Chauss earns the #2 position among 890 active Realtors in Port St. Lucie ZIP code 34987 based on sales volume. PORT ST. LUCIE, FL, UNITED STATES, October 27, 2026 /⁨EINPresswire.com⁩/ -- Ann Chauss of …

Oak Street Real Estate Group, led by Brianna Morant, Named Best Real Estate Agency in Nashville, TN by BusinessRate.com

Backed by over 2,000 career transactions and a five-star record, Morant and her team continue to deliver results for buyers and sellers across Middle Tennessee. NASHVILLE, TN, UNITED STATES, October 27, 2026 /⁨EINPresswire.com⁩/ -- Brianna Morant …

Embarrassment isn't why scam targets stay silent, Heimdal survey finds

A survey of 1,884 UK scam targets found 7.2% who didn’t report blamed embarrassment. A former Dorset Police cybercrime detective says every report helps. LONDON, UNITED KINGDOM, October 27, 2026 /⁨EINPresswire.com⁩/ -- Embarrassment sits near the bottom …

ARC REIT Investor Losses: Up to $500K FINRA Claim Against J.W. Cole Involving Malcolm McKay

Investors Who Purchased ARC-Sponsored Non-Traded REITs May Be Entitled to a Financial Recovery TAMPA, FL, UNITED STATES, October 27, 2026 /⁨EINPresswire.com⁩/ -- National investment loss and securities law firm KlaymanToskes announces the filing …

Rachel Hausman Masse Featured in The Wall Street Journal as Boise Partner in The Private Client Network

Rachel Hausman Masse is featured in The Wall Street Journal as Boise’s Private Client Network partner, connecting clients with advisors across the country. BOISE, ID, UNITED STATES, October 27, 2026 /⁨EINPresswire.com⁩/ -- Rachel Hausman Masse, …

Cook County Property Tax Holdup: $216M Frozen for Schools, $56M in Refunds Delayed

Absolute Fiscal Responsibility: Funding the entire $55 million modernization project with a net property tax impact of exactly zero dollars ($0.00). CHICAGO, IL, UNITED STATES, October 27, 2026 /⁨EINPresswire.com⁩/ -- Today, candidate for Cook …

Rolex GMT-Master II, Ulysse Nardin Freak X, and Rare Vintage Watches Headline November 12 Auction

Miller & Miller’s 95-lot Luxury & Important Watches sale features sought-after Rolex references, modern complications, vintage chronographs, and pocket watches. NEW HAMBURG, ONTARIO, CANADA, October 27, 2026 /⁨EINPresswire.com⁩/ -- A solid …

Accion Labs Recognized as a Global Leader in the ISG Provider Lens® Agentic AI Services 2026 Study

ISG positions Accion Labs as a Leader in Agentic AI Development and Deployment Services PITTSBURGH, PA, UNITED STATES, October 27, 2026 /⁨EINPresswire.com⁩/ -- Accion Labs, an AI-Led Innovation Engineering company powered by Semantic Engineering, …

Family Central Launches 'The AI Family Office. For Everyone.'

BOCA RATON, FL, UNITED STATES, October 27, 2026 /⁨EINPresswire.com⁩/ -- Family Central Holdings, Inc. today launched Family Central, a subscription platform that gives every family access to the organization, planning and protection services that …

Aaniie Partners with Tapcheck to Modernize Pay Access for Caregivers

Aaniie Care’s integration with Tapcheck gives home care agencies a simple way to expand pay access and strengthen caregiver support. EAU CLAIRE, WI, UNITED STATES, October 27, 2026 /⁨EINPresswire.com⁩/ -- Aaniie, Inc., provider of the leading all- …

New 2WayMicropay Supports Pay-Per-View, Reader Rewards, Revenue Sharing and Price Optimization

WordPress plugin instantly supports subscription and à-la-carte payments, plus free trial or engagement credits, in a single paywall. GULF BREEZE, FL, UNITED STATES, October 27, 2026 /⁨EINPresswire.com⁩/ -- Publishers can now seamlessly sell …

Peloton Consulting Launches AI-Enabled Delivery Suite to Accelerate Oracle Fusion Cloud Applications Implementations

AI-enabled delivery tools streamline process discovery, specification generation, and data validation, helping clients realize Oracle Fusion value sooner BOSTON, MA, UNITED STATES, October 27, 2026 /⁨EINPresswire.com⁩/ -- Peloton Consulting Group …

Wealthpoint Foundation and USCRI Collaborate to Expand Classroom Financial Literacy Education in Underserved Communities

Partnership focuses on classroom-based financial literacy for underserved communities, immigrant families, and refugees build stronger financial futures. DES MOINES, IA, UNITED STATES, October 27, 2026 /⁨EINPresswire.com⁩/ -- Wealthpoint …

Business Leaders Convene at COA Symposium to Discuss Latin America’s Next Chapter

The November 19 event will explore growth, artificial intelligence, investment and the forces reshaping the region’s business landscape MIAMI, FL, UNITED STATES, October 27, 2026 /⁨EINPresswire.com⁩/ -- More than 500 CEOs, company founders, …

Líderes empresariais debaterão os rumos da América Latina no Simpósio do COA

Evento de 19 de novembro abordará crescimento, inteligência artificial, investimento e as dinâmicas que transformam o cenário empresarial da América Latina MIAMI, FL, UNITED STATES, October 27, 2026 /⁨EINPresswire.com⁩/ -- Mais de 500 CEOs, …

Líderes empresariales debatirán el rumbo de América Latina en Simposio de COA

El evento del 19 de noviembre explorará el crecimiento, la IA, la inversión y las dinámicas que transforman el panorama empresarial de América Latina MIAMI, FL, UNITED STATES, October 27, 2026 /⁨EINPresswire.com⁩/ -- Más de 500 directores …