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About 16 results for "andhra pradesh mfi"

Microfinance gross loan portfolio grew by 61% FY15: MFIN
Business Insider India

Microfinance gross loan portfolio grew by 61% FY15: MFIN

The MFI sector is rapidly expanding after the microfinance crisis in Andhra Pradesh in 2010 with gross loan portfolio (glp) rising to 61 per cent in FY 15. According to data compiled by industry regulatory body Microfinance Institutions Network ... Business Insider India, 2 months ago
Livemint.com

SKS Microfinance Q1 profit rises 24% to Rs61.2 crore

SKS's gross loan portfolio grew 15% to Rs. 4,797 crore as of 30 June from the previous year, excluding Andhra Pradesh and Telangana. Hyderabad: SKS Microfinance Ltd , India's only publicly traded microlender, said on Wednesday that fiscal ...
 Livemint.com5 days ago

IIP at slowdown but economy in Bharat seems to be picking up

MUMBAI: Industrial activity may not be setting a blazing pace yet as the country comes out of a three-year slowdown, but the economy in Bharat seems to be picking up the pieces. Fund raising by lower rated micro finance companies have trebled in ...
 Economic Times6 days ago IIP not at vibrant pace but economy in Bharat seems to be picking up  Economic Times6 days ago

Mobile wallet operators eye small trades generating regular cash

Mobile wallet operators are seeing an opportunity in handling cash for small businesses, MFIs, insurance companies and others which generate cash on a daily or weekly basis. While tapping these segments, the wallet companies or their appointed agents are ...
 The Financial Chronicle2 weeks ago

Lenders act tough against Sahara Utsarga, Kotalipara Development Society for irregularites

KOLKATA: Two applicants for small finance bank license have found themselves in trouble with their lenders and industry association acting tough against them for financial irregularities. IDBI Bank has declared micro lender Sahara Utsarga Welfare ...
 Economic Times1 month ago

Microfin companies will soon have up to Rs 450 crore more to lend

MUMBAI: Nearly five lakh households in rural and semiurban areas could benefit as the Asian Development Bank's (ADB) Chennai-based partner IFMR Capital is planning to release Rs 400-450-crore credit to microfinance institutions (MFIs) in the second ...
 Economic Times1 month ago

RBI awards bank licence to Bandhan

MUMBAI: Bandhan has become the first lender to receive a final banking licence from the Reserve Bank of India in more than a decade. Chandra Shekhar Ghosh, the promoter of the lender with the most frugal set-up, has said that the bank would shun ...
 Times of India1 month ago Bandhan to launch bank on August 23  VC Circle1 month ago
Business Today India

Impact investment funds are on the rise in India

Making and selling portable toilets? Investors wrinkled their noses when Rajeev Kher, Managing Director of Pune-based Saraplast Pvt Ltd, first sought funds from them in 1999. Sixteen years later, the toilets have been such a success that he is ...
 Business Today India1 month ago

Microfinance loans are growing at a scorching pace, but it's a warning signal

The past is never dead. It's not even past. William Faulkner's famous saying is now of significance in the Indian microfinance industry. The institutions that give tiny loans to the poor somehow seem to be rediscovering their long-lost obsession for ...
 Firstpost.com1 month ago India's microfinance loans are growing at a scorching pace, but it's a warning signal  NextBillion.net1 month ago
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