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About 56 results for "andhra pradesh mfi"

L&T Finance aims to expand MFI portfolio fivefold
Business Standard

L&T Finance aims to expand MFI portfolio fivefold

The company had scaled down this business following the crisis in Andhra Pradesh's microfinance sector in October, 2010 Somasroy Chakraborty September 27, 2014 Last Updated at 21:09 IST L&T Finance, a subsidiary of L&T Finance Holdings, is targeting a ... Business Standard, 2 months ago
Business Standard India

Share & Asmitha submit business revamp plan to bankers

Andhra Pradesh-based microfinance institutions, Share and Asmitha, have chalked out a reorganization plan for their businesses. Both the MFIs, currently under the corporate debt restructuring (CDR) cell, have submitted the plans to their ...
 Business Standard India2 months ago

SKS Microfinance advances after fund raising

SKS Microfinance surged 4.81% to Rs 378.35 at 11:33 IST on BSE after the company issued Commercial Papers of an aggregate amount of Rs 70 crore on 16 December 2014, which have been rated A1+ by a leading rating agency. The announcement was ...
 Capital Market19 hours ago

Initiate buy on SKS Microfin as growth potential high

Summary Initiate buy coverage on SKS Microfinance with price target of R500 per share… Initiate buy coverage on SKS Microfinance with price target of R500 per share. Due to the strong growth potential and high ROE, SKS Microfinance is one ...
 Financial Express6 days ago SKS Microfinance surges 9%, UBS initiates with buy rating  Moneycontrol.com1 week ago SKS Micro surges 9%, UBS initiates coverage with buy call  Moneycontrol.com1 week ago

RBI TO NUDGE FOREIGN BANKS FOR SUBSIDIARISATION POST REVIEW OF PSL NORMS

Kolkata: The Reserve Bank of India (RBI) will nudge foreign banks in the country to opt for the subsidiarisation route after it reviews the priority sector lending (PSL) norms set for them. Foreign banks expressed to us some concerns on the kind of ...
 IPA Newspack.com6 days ago
Rediff.com

India's Bandhan among Asia's top microfinance firms

  Bandhan, the country’s largest microfinance company, is competing closely with Bangladesh’s Nobel Prize-winning Grameen Bank to become South Asia’s largest micro credit provider. It is already the largest non-deposit taking microfinace institution (MFI) in the world. In India, this sector has grown on the Grameen model of lending over the past two decades. Credit decisions are taken at the branch level, which facilitates disbursal of loans in about a day. At the end of ...
 Rediff.com6 days ago Bandhan closes in on Grameen Bank  Business Standard India1 week ago Bandhan now closes in on Grameen Bank  Business Standard India1 week ago
IPA Newspack.com

FIPB ROLE SHRINKS AMID EASIER FDI FLOWS

The role of the Foreign Investment Promotion Board (FIPB), a vestige of India's intractable bureaucracy, has been reduced to a minimal level. About one and a half decades ago, the FIPB used to vet 80% of foreign direct investment (FDI) proposals in ...
 IPA Newspack.com1 week ago
Livemint.com

Many microfinance institutions keen on small bank licence

Adding to the cost pressures for small banks will be the cash reserve ratio (CRR) and statutory liquidity ratio (SLR) requirements imposed by RBI, which are on par with the rest of the banking sector. Photo: Reuters Mumbai: A number of ...
 Livemint.com1 week ago RBI to invite applications for small & payment banks by month-end: Rajan  VC Circle1 month ago RBI to invite applications for payment banks by November-end: Raghuram Rajan  Financial Express1 month ago RBI to invite payment bank applications by month-end: Rajan  Business Standard India1 month ago
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The versatility of poop SustainEarth invests in simplicity to produce bioenergy

In a country that often escapes the rules of logic, contradictions are normality. While it's better to sometimes let the natural course of events solve chaotic situations, other times a proactive response is necessary. Take the fact that India ...
 Yourstory.in2 weeks ago
IndiaPost

RBI not well disposed to state loan waiver schemes

Rajan Thursday expressed reservation over the loan waiver scheme by various state governments and also suggested reasonable interest rate ceiling on loans from microfinance lenders. "Repeated loan waivers by various state governments distorts ...
 The Echo Of India1 month ago RBI Against Loan Waiver Scheme by State Govts  Outlook India1 month ago
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