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Published on 03:24 GMT

InnBucks forges ahead with customer-centric initiatives

In its financial results for the year ended June 30 2024, InnBucks’ chief executive officer, Daisy Zinyemba, said the company will pursue its thrust to provide financial support to its clients as one of the its strategies to give financial support. …

Source: NewsDay Zimbabwe - Uncategorized
Published on Jan 9, 2025

Manappuram Finance share price rise 6% as RBI lifts curbs on subsidiary Asirvad Micro Finance

Stock Market Today: Manappuram Finance share price gained 6% in the morning trades on Thursday after the Reserve Bank of India (RBI) lifted curbs on its subsidiary Asirvad Micro Finance. Manappuram Finance share price opened at ₹188.80 on the BSE on …

Source: Livemint - Neutral
Published on Jan 9, 2025

Micro Finance Sector Grew Over 2,100 pc…

New Delhi, Jan 9 (KNN) The microfinance industry in India has experienced remarkable growth, with its business volume surging from Rs 17,264 crores in March 2012 to Rs 3.93 lakh crore as of November 2024, representing an extraordinary growth of 2,176 …

Source: Knowledge & News Network - Neutral
Published on Jan 9, 2025

Business News | Indian Micro Finance Sector Grows by over 2,100% in 12 Yrs

New Delhi [India], January 9 (ANI): The business of Micro Finance Institutions (MFIs) industry has risen from Rs 17,264 crores in March'12 to Rs. 3.93 lakh crore as of November'24, M Nagaraju, Secretary, DFS, Ministry of Finance was apprised by the …

Source: Latestly - Uncategorized
Published on Jan 10, 2025

Loan disbursal to Micro-Finance Institutions rises 43% over 3 years: IIFL Capital

The quarterly average ticket size of Micro Finance Institutions (MFIs) loan disbursal rose 43 per cent from Rs 35 thousand to Rs 50 thousand between September 2021 to 2024, as per the Financial Stability report of the IIFL Capital. The report, however, …

Source: The Economic Times - Center-right
Published on Jan 8, 2025

RBI lifts restrictions on loan sanctions by Asirvad Micro Finance Limited

Manappuram Finance Limited has announced that the Reserve Bank of India (RBI) has lifted the restrictions imposed on its subsidiary, Asirvad Micro Finance Limited, regarding the sanctioning and disbursal of loans. The restrictions, which came into effect …

Source: Business Upturn - Label Pending
Published on Jan 8, 2025

DFS Secretary chairs meeting with Micro Finance Institutions (MFIs)

Shri M Nagaraju, Secretary, DFS, M/o Finance chaired a meeting with major Micro Finance Institutions, in New Delhi, today. The meeting was also attended by senior officials of DFS including industry bodies namely MFIN & Sa-Dhan. The engagement with …

Source: Odisha Diary - Pro-Government
Published on Jan 8, 2025

RBI lifts supervisory restrictions imposed on Asirvad Micro Finance and DMI Finance

The Reserve Bank of India (RBI) has lifted supervisory restrictions on Chennai-based Asirvad Micro Finance Ltd and New Delhi-based DMI Finance Private Ltd. The Central bank had directed the aforementioned non-banking finance companies (NBFCs) to cease and …

Source: The Hindu Business Line - Neutral
Published on Jan 8, 2025

RBI lifts restrictions on Asirvad Micro Finance, DMI Finance

Mumbai (Maharashtra) [India], January 8 (ANI): The Reserve Bank of India (RBI) has decided to lift restrictions placed on Asirvad Micro Finance and DMI Finance, with immediate effect, which was initially imposed in October 2024. On October 21, 2024, RBI …

Source: The Print - Neutral
Published on Jan 8, 2025

India's central bank lifts lending ban on Asirvad Micro Finance

Business Business India's central bank lifts lending ban on Asirvad Micro Finance Close India's central bank lifts lending ban on Asirvad Micro Finance Follow on Published On: Wed, 08 Jan 2025 19:05:20 PKT (Reuters) - India's central bank said …

Source: Dunya News - Label Pending
Published on Jan 8, 2025

RBI Lifts Supervisory Restrictions On DMI Finance, Asirvad Micro Finance; Check Details

Last Updated:January 08, 2025, 18:59 IST The Reserve Bank of India has removed restrictions on loan sanction and disbursal for Asirvad Micro Finance and DMI Finance, citing compliance with regulatory guidelines. The RBI's actions in October 2024 were …

Source: News18 - Center-right
Published on Jan 8, 2025

Business News | RBI Lifts Restrictions on Asirvad Micro Finance, DMI Finance

Mumbai (Maharashtra) [India], January 8 (ANI): The Reserve Bank of India (RBI) has decided to lift restrictions placed on Asirvad Micro Finance and DMI Finance, with immediate effect, which was initially imposed in October 2024. On October 21, 2024, RBI …

Source: Latestly - Uncategorized
Published on Jan 9, 2025

Micro Finance Sector Grew Over 2,100 Pc In 12 Years, Reached Rs 3.93 Lakh Cr

(MENAFN- KNN India) New Delhi, Jan 9 (KNN) The microfinance industry in India has experienced remarkable growth, with its business volume surging from Rs 17,264 crores in March 2012 to Rs 3.93 lakh crore as of November 2024, representing an extraordinary …

Source: MENAFN - Uncategorized
Published on Jan 9, 2025

Manappuram Finance shares rally over 5% after RBI lifts restrictions on Asirvad Micro Finance

Manappuram Finance shares rallied 5.5% in early trade to their intraday high of Rs 189.95 on the BSE after the Reserve Bank of India (RBI) removed supervisory restrictions on Asirvad Micro Finance. The curbs on the 'sanction and disbursal of loans' …

Source: The Economic Times - Center-right
Published on Jan 12, 2025

50 lakh people took loans from 4 microfinance companies!

The most deprived section of the society is getting trapped in the web of debt. For such people, micro finance companies are the biggest source of getting loans. But the situation has now become such that the existence of micro finance companies themselves …

Source: India Herald - Uncategorized
Published on Jan 11, 2025

CreditAccess Grameen, Spandana Sphoorty, Fusion, Muthoot Microfin, L&T Finance, Manappuram et al. - Decoding the macro ...

Do not kill the goose that lays the golden egg, goes the takeaway from the tale about a goose and its greedy owner, who eviscerated it to get hold of all the golden eggs that he thought were inside its belly. The precarious state of today’s microfinance ( …

Source: The Hindu Business Line - Neutral
Published on Jan 10, 2025

Irish SME lender Grid Finance secures backing from European Investment Fund scheme

The €1.5m loan is repayable after 10 years and will be used to build up the Grid lending platform. It is “critical” to the development of a new Grid product, according to the company’s founder and executive chairman, Derek Foley Butler. The loan is the …

Source: Irish Independent - Center-right
Published on Jan 9, 2025

Why excitement in Manappuram stock post lifting of microfinance ban faded

Manappuram Finance Ltd stock rose 5.5% in early trade on Thursday after the Reserve Bank of India (RBI) lifted restrictions on its microfinance arm, Asirvad Micro Finance Ltd (AMFL), with immediate effect. However, the excitement fizzled out with the stock …

Source: Livemint - Neutral
Published on Jan 9, 2025

Warri: Despite warnings by CBN, Banks ration cash as PoS dispense freely to customers

Despite warnings by the Central Bank of Nigeria, CBN, commercial and micro finance banks in Warri, the commercial nerve centre of Delta State, have continued to ration cash to customers, Investigation by Fresh Angle International has revealed. …

Source: Fresh Angle - Uncategorized

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Published on January 12, 2025 - 17:00 GMT

Exagen Inc. Secures Conditional NY State Approval for New Lupus and Rheumatoid Arthritis Biomarkers and Announces Select ...

New biomarkers on track for commercial launch in January 2025 Preliminary financial results indicate record full-year revenue and AVISE CTD trailing twelve-month ASP, with improvements to adjusted EBITDA and cash burn CARLSBAD, Calif., Jan. 12, 2025 (GLOBE …

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Published on January 12, 2025 - 16:00 GMT

Ultragenyx Reports Preliminary 2024 Revenue, Financial Guidance for 2025, Pipeline Updates, and 2025 Milestones

Preliminary 2024 total revenue of $555 million to $560 million, exceeding top end of guidance, including Crysvita® revenue of $405 million to $410 million, and Dojolvi® revenue of $87 million to $89 million 2025 expected total revenue guidance of $640 …

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Published on January 12, 2025 - 14:30 GMT

RxSight, Inc. Announces Preliminary Unaudited Fourth Quarter and Full-Year 2024 Financial and Operational Results and ...

ALISO VIEJO, Calif., Jan. 12, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: RXST) – RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following cataract surgery, today announced certain preliminary …

Distribution channels: Healthcare & Pharmaceuticals Industry, Media, Advertising & PR ...
Published on January 13, 2025 - 00:30 GMT

Arowana recognised among Real Leaders’ Top Impact Companies for 2025

Arowana ranks in the top 50 impact companies globally for the 6th year in a row For 2025 onwards, Real Leaders Top Impact Companies competition rules apply a stricter criteria Recognition reflects Arowana’s commitment to its core purpose and status as a …

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Published on January 13, 2025 - 00:00 GMT

Upgaming Publishes Comprehensive Guide to Starting an Online Casino in Brazil

Upgaming launches a comprehensive guide to starting an online casino in Brazil, covering market insights, regulations, localization, and strategies for success ZUG, ZUG, SWITZERLAND, January 12, 2025 /⁨EINPresswire.com⁩/ -- Enterprise iGaming …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on January 13, 2025 - 00:00 GMT

Ellie Technologies Appoints Industry Leader Sami Hero as New CEO

Hero brings with him decades of experience in both multi-billion dollar corporations and fast growing startups in the United States and Europe. HELSINKI, UUSIMAA, FINLAND, January 12, 2025 /⁨EINPresswire.com⁩/ -- Ellie Technologies, the pioneer in …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 12, 2025 - 15:15 GMT

RESCI Revolutionizes Property Investment in South Africa

RESCI Introduces Innovative Real Estate Secured Crowd Investing Platform PRETORIA, SOUTH AFRICA, January 12, 2025 /⁨EINPresswire.com⁩/ -- RESCI (Real Estate Secured Crowd Investments) is proud to announce the launch of its groundbreaking platform, …

Distribution channels: Banking, Finance & Investment Industry, Real Estate & Property Management ...
Published on January 11, 2025 - 15:12 GMT

AI in Financial Wellness Market Shaping from Growth to Value: IBM, Microsoft, Accenture

AI in Financial Wellness Market Size Analysis by Competitive landscape and Insights for the next 5 years PUNE, MAHARASHTRA, INDIA, January 11, 2025 /⁨EINPresswire.com⁩/ -- HTFMI Recently published a Study on AI in Financial Wellness Market, it …

Distribution channels: Technology ...

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Published on January 13, 2025 - 00:00 GMT

Ellie Technologies Appoints Industry Leader Sami Hero as New CEO

Hero brings with him decades of experience in both multi-billion dollar corporations and fast growing startups in the United States and Europe. HELSINKI, UUSIMAA, FINLAND, January 12, 2025 /⁨EINPresswire.com⁩/ -- Ellie Technologies, the pioneer in …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 13, 2025 - 00:00 GMT

Upgaming Publishes Comprehensive Guide to Starting an Online Casino in Brazil

Upgaming launches a comprehensive guide to starting an online casino in Brazil, covering market insights, regulations, localization, and strategies for success ZUG, ZUG, SWITZERLAND, January 12, 2025 /⁨EINPresswire.com⁩/ -- Enterprise iGaming …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on January 12, 2025 - 23:42 GMT

L’expansion des utilisateurs de Toheal, l’application de thérapie par les pairs, démontre le pouvoir de la technologie

L’application aide à surmonter des défis émotionnels grâce à un soutien anonyme pour des problèmes personnels, sans crainte de jugement. DE, UNITED STATES, January 12, 2025 /⁨EINPresswire.com⁩/ -- Seedlr, créateur de Toheal, l'application de …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 12, 2025 - 20:10 GMT

RX4E: World’s FIRST Commercially Certified Electric Aircraft Takes Flight

The RX4E has become the world’s first electric aircraft certified under Part 23 regulations for commercial use. ABU DHABI, UNITED ARAB EMIRATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- We are pleased to share that the RX4E, a four-seater electric …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on January 12, 2025 - 15:56 GMT

SolarisTech & SOLAS MODU form a strategic partnership to drive maritime innovation & boost India’s global shipbuilding

SolarisTech and SOLAS MODU form a strategic partnership to drive maritime innovation and support India’s growth in global shipbuilding MIAMI, FL, UNITED STATES, January 12, 2025 /⁨EINPresswire.com⁩/ -- SolarisTech, led by CEO Thomas Blenk, and …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on January 12, 2025 - 15:15 GMT

RESCI Revolutionizes Property Investment in South Africa

RESCI Introduces Innovative Real Estate Secured Crowd Investing Platform PRETORIA, SOUTH AFRICA, January 12, 2025 /⁨EINPresswire.com⁩/ -- RESCI (Real Estate Secured Crowd Investments) is proud to announce the launch of its groundbreaking platform, …

Distribution channels: Banking, Finance & Investment Industry, Real Estate & Property Management ...
Published on January 13, 2025 - 01:00 GMT

Medical Elastomer Market worth $14.27 billion by 2029, at a CAGR of 8.3 % says MarketsandMarkets™

Delray Beach, FL, Jan. 12, 2025 (GLOBE NEWSWIRE) -- The Global Medical Elastomer Market size is expected to reach USD 14.27 billion by 2029 from USD 9.57 billion in 2024, at a CAGR of 8.3% from 2024 to 2029, as per the recent study by MarketsandMarkets™. …

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Published on January 13, 2025 - 00:30 GMT

Arowana recognised among Real Leaders’ Top Impact Companies for 2025

Arowana ranks in the top 50 impact companies globally for the 6th year in a row For 2025 onwards, Real Leaders Top Impact Companies competition rules apply a stricter criteria Recognition reflects Arowana’s commitment to its core purpose and status as a …

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Published on January 12, 2025 - 10:49 GMT

Community-Governed Meme Coin Flockerz Raises $9.5M in Presale Ahead of Exchange Launch

KAMPOT, Cambodia, Jan. 12, 2025 (GLOBE NEWSWIRE) -- The community-governed meme coin project Flockerz (FLOCK) has raised $9.5 million in presale before its exchange debut. Flockerz’s governance model is based on Vote-to-Earn rewards, where FLOCK holders …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...
Published on January 11, 2025 - 19:34 GMT

Consumer Defense LLC and Partners Save Timeshare Owners Over $22 Million in 2024

Innovative Consumer Advocacy Helps Over 2,400 Families Break Free from Costly Timeshare Maintenance Fees HOUSTON, TX, UNITED STATES, January 11, 2025 /⁨EINPresswire.com⁩/ -- Consumer Defense LLC, a leading advocate for timeshare owners, announced …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 11, 2025 - 19:27 GMT

Cahero Family Office Leads the Way in Sustainable Investment Solutions

MIAMI, FL, UNITED STATES, January 11, 2025 /⁨EINPresswire.com⁩/ -- Cahero Family Office, a global leader in wealth management and sustainable investment strategies, is setting benchmarks in driving transformative and impactful investments. Anchored …

Distribution channels: Banking, Finance & Investment Industry ...
Published on January 11, 2025 - 19:26 GMT

Cahero Family Office Amplifies Commitment to Renewable Energy

MIAMI, FL, UNITED STATES, January 11, 2025 /⁨EINPresswire.com⁩/ -- Recognizing the urgent need for renewable energy solutions, Cahero Family Office is amplifying its investments in this critical sector. The company’s renewable energy initiatives …

Distribution channels: Banking, Finance & Investment Industry ...
Published on January 11, 2025 - 19:25 GMT

Transforming Infrastructure with Sustainable Solutions: Cahero Family Office’s Vision

MIAMI, FL, UNITED STATES, January 11, 2025 /⁨EINPresswire.com⁩/ -- Cahero Family Office is redefining the future of infrastructure through its steadfast focus on sustainability and innovation. With a robust portfolio in sustainable infrastructure …

Distribution channels: Banking, Finance & Investment Industry ...
Published on January 11, 2025 - 19:22 GMT

Empowering Communities through Strategic Partnerships: Cahero Family Office’s Holistic Approach

MIAMI, FL, UNITED STATES, January 11, 2025 /⁨EINPresswire.com⁩/ -- Cahero Family Office is dedicated to advancing sustainable development by forging strategic partnerships that empower communities and amplify the impact of its initiatives. These …

Distribution channels: Banking, Finance & Investment Industry ...
Published on January 11, 2025 - 19:20 GMT

Driving Innovation with Advanced Technology: Cahero Family Office’s Vision for Progress

MIAMI, FL, UNITED STATES, January 11, 2025 /⁨EINPresswire.com⁩/ -- Cahero Family Office continues to integrate advanced technology into its investment strategies, positioning itself as a trailblazer in sustainable innovation. By leveraging …

Distribution channels: Banking, Finance & Investment Industry ...
Published on January 11, 2025 - 19:18 GMT

Cahero Family Office Champions ESG Integration Across Portfolios

MIAMI, FL, UNITED STATES, January 11, 2025 /⁨EINPresswire.com⁩/ -- Cahero Family Office is leading by example in integrating environmental, social, and governance (ESG) principles into its comprehensive investment strategies. As a trailblazer in …

Distribution channels: Banking, Finance & Investment Industry ...
Published on January 11, 2025 - 19:17 GMT

Building Resilience Through Diversified Investments: Cahero Family Office’s Strategic Approach

MIAMI, FL, UNITED STATES, January 11, 2025 /⁨EINPresswire.com⁩/ -- Diversification remains at the heart of Cahero Family Office’s strategy for achieving sustainable growth and resilience. By balancing high-growth opportunities with long-term …

Distribution channels: Banking, Finance & Investment Industry ...
Published on January 11, 2025 - 19:16 GMT

Transforming Wealth Management with ESG Principles: Cahero Family Office’s Commitment

MIAMI, FL, UNITED STATES, January 11, 2025 /⁨EINPresswire.com⁩/ -- Cahero Family Office is redefining wealth management by embedding environmental, social, and governance (ESG) principles into every aspect of its operations. This approach positions …

Distribution channels: Banking, Finance & Investment Industry ...
Published on January 11, 2025 - 19:12 GMT

Food Security at the Forefront: Cahero Family Office’s Sustainable Agriculture Investments

MIAMI, FL, UNITED STATES, January 11, 2025 /⁨EINPresswire.com⁩/ -- With a growing global population, the importance of sustainable agriculture has never been clearer. Cahero Family Office is taking decisive action by prioritizing investments in …

Distribution channels: Banking, Finance & Investment Industry ...
Published on January 11, 2025 - 19:11 GMT

Shaping a Sustainable Future: Cahero Family Office’s Global Vision

MIAMI, FL, UNITED STATES, January 11, 2025 /⁨EINPresswire.com⁩/ -- Cahero Family Office continues to champion sustainability with a global vision rooted in innovation, collaboration, and resilience. By investing in transformative projects, the …

Distribution channels: Banking, Finance & Investment Industry ...

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