the bank had bunched interest income from many microfinance loans together, instead of making individual entries for them. The auditors flagged the matter to the lender, uncovering a ₹600 crore ...

The Bangko Sentral ng Pilipinas (BSP) on Monday warned that an entity named UNA Financing Corporation is fraudulently using the name and logo of the central bank and its employees and officers to ...

Bandhan Bank has witnessed hardly any impact in Tamil Nadu and Karnataka so far following the State governments’ actions to regulate microfinance loan recoveries as the bank’s microfinance ...

This new probe will focus on a Rs 600 crore discrepancy related to accrued interest income from the bank’s microfinance portfolio. The EY audit is being launched in parallel with an ongoing ...

BENGALURU (Reuters) -IndusInd Bank's internal audit team was reviewing "certain concerns" in the Indian lender's microfinance business, the company said on Tuesday, about a month after it reported ...

Alert Microfinance Bank launched several cutting-edge products to enhance customer experience and support sustainability recently at Strong Tower Event Centre in Ikoyi, Lagos. The event served as ...

Digitally driven financial institution VFD Microfinance Bank has returned to the path of profitability in the 2024 financial year as it recorded N366.6m profit after tax from the N333m loss it had ...

From TD Bank to Wells Fargo, banks nationwide are shuttering branches to save money and adapt as more people conduct their banking online and via mobile apps. Since the start of 2025, a slew of ...

The Citizens Bank logo remained above the building until October 2020 when its advertising lease expired. When contacted on Wednesday, officials at the Wilkes-Barre law firm said the proposal is ...

A Lagos State-based organisation, Blooms Microfinance Bank (MFB), has been accused of maltreating its workers. The firm, said to be managed by some Chinese owners, is alleged to prioritise the ...

ISLAMABAD: The World Bank has approved $102 million in financing for a project aimed at expa­nding access to micr­ocredit and strengthening the resilience of Pakistan’s microfinance sector ...

Barcelona and Islamabad, March 06, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator, proudly announces that its subsidiary, Mobilink Microfinance Bank, has been awarded the 'CMO Marketing ...