More merger of banks and increase in FDI to 49% – Dangerous plan
News reports have stated that the Government of India is going to constitute a committee to look at further merger of public sector banks to four to five from the present 12. We had...
Women demand basic dignity, access to credit and monitoring micro finance by States
The National Public Hearing on Rising Indebtedness of Women and MFI Loot, convened by the All India Democratic Women’s Association, on 23-24 August 2025 at New Delhi highlighted the failure of the Government of...
From Credit to Crisis: India’s Women in Debt I Finance Matters, 22 August 2025 I Editorial
A new nationwide survey has laid bare the dark side of India’s microfinance boom. Conducted by the All India Democratic Women’s Association across 15 states, the study of 6,685 women shows how non-banking finance...
Reducing Small Loans from Banks – A Serious Alarm, Act Immediately
After nationalisation of 14 banks in 1969 and 6 more in 1980, access to credit became possible for small borrowers. But everything changed after 1991 and worsened after 2014. Please refer to tables from...
Tata gets a loan at 4.5%, but the poor pay over 26% for microfinance!
On 14th March 2022, RBI issued revised instructions for microfinance loans to the poor by Non-Banking Financial Companies (NBFCs) called Micro Finance Institutions (MFIs).
