Business and Finance
Source : (remove) : Firstpost
RSS • JSON • XML • CSV
Business and Finance
Source : (remove) : Firstpost
RSS • JSON • XML • CSV
Thu, March 20, 2025
[ Thu, Mar 20th ]: Firstpost
Are NBFCs supporting rural women in diversifying their businesses?
Mon, March 10, 2025
[ Mon, Mar 10th ]: Firstpost
Canada's new PM: Mark Carney set to take the helm amid trade war and election frenzy
Sat, February 1, 2025
[ Sat, Feb 01st ]: Firstpost
New income tax slabs and more: The big Budget 2025 announcements, in graphics
[ Sat, Feb 01st ]: Firstpost
What are the new income tax slabs introduced in Union Budget 2025? How much will you save now?
[ Sat, Feb 01st ]: Firstpost
Big tax relief for middle class, push for agriculture, MSMEs: Takeaways of Union Budget 2025-2026
[ Sat, Feb 01st ]: Firstpost
Union Budget 2025: Big income tax relief, push to Make in India and other highlights
Tue, January 28, 2025
[ Tue, Jan 28th ]: Firstpost
Reconciling growth and sustainability: What Union Budget 2025 must deliver
Wed, January 22, 2025
[ Wed, Jan 22nd ]: Firstpost
Budget 2025: PLI schemes, duty overhaul and business reforms take centre stage
Tue, January 14, 2025
[ Tue, Jan 14th ]: Firstpost
Will Union Budget 2025 deliver on financial sector reforms?
Thu, December 26, 2024
[ Thu, Dec 26th 2024 ]: Firstpost
Africa has a new big investor and it's not China, UK or France
Wed, December 18, 2024
[ Wed, Dec 18th 2024 ]: Firstpost
Rewind 2024: How 2024 was a banner year for IPOs on India's stock market
Sun, December 15, 2024
[ Sun, Dec 15th 2024 ]: Firstpost
Sri Lanka's Dissanayake opts India for first overseas trip, what's on agenda?
Fri, December 6, 2024
[ Fri, Dec 06th 2024 ]: Firstpost
Is Muhammad Yunus preparing Bangladesh for crisis or elections?

Are NBFCs supporting rural women in diversifying their businesses?

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. ural-women-in-diversifying-their-businesses.html
  Print publication without navigation Published in Business and Finance on by Firstpost
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
After years of financial exclusion, NBFCs are playing a crucial role in bridging the gap. By providing access to capital and digital tools, they are enabling rural women to grow their businesses and secure their futures. With this support, women are not just sustaining their businesses but driving real change in rural India.
The article from Firstpost discusses the role of Non-Banking Financial Companies (NBFCs) in supporting rural women entrepreneurs in India. It highlights how NBFCs are stepping in to fill the credit gap left by traditional banks, which often view rural lending as high-risk due to lack of collateral and formal credit history. NBFCs provide microfinance and small loans tailored to the needs of rural women, enabling them to diversify their business activities beyond traditional sectors like agriculture into areas such as retail, handicrafts, and small-scale manufacturing. The article points out that these financial services not only help in income generation but also empower women by giving them financial independence and decision-making power. It also mentions the challenges NBFCs face, including high operational costs and the need for innovative financial products to cater to the unique needs of rural women. The piece concludes by emphasizing the potential of NBFCs to drive economic growth in rural areas through financial inclusion and empowerment of women.

Read the Full Firstpost Article at:
[ https://www.firstpost.com/india/are-nbfcs-supporting-rural-women-in-diversifying-their-businesses-13873078.html ]