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 days ago
Microfinance gross loan portfolio rose 61% in FY15: MFIN - VC Circle, 3 days ago
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Calcutta, April 7: The RBI today raised the cap on lending by microfinance institutions (MFIs) to individual borrowers from Rs 50,000 to Rs 1 lakh. The move is aimed at meeting the credit demand in rural and semi-urban region. The RBI said the ...Calcutta Telegraph, 1 month ago RBI eases lending norms for micro-finance companies [Mint, New Delhi] BusinessWeek, 1 month ago RBI eases lending norms for microfinance companies Livemint.com, 1 month ago
The finance ministry plans to club the long-pending bill for regulation of micro-finance institutions with that of the MUDRA Bank. The finance ministry plans to club the long-pending bill for regulation of micro-finance institutions with that of ...Financial Express, 1 month ago Micro finance institutions extend loan to the 'missing middle' Times of India, 2 months ago
The microlender swung to a profit in the third quarter of the year ended March 2013 after reporting losses for seven straight quarters. Hyderabad: SKS Microfinance Ltd, India's only publicly traded microlender, said on Monday that fiscal ...Livemint.com, 2 weeks ago
MUMBAI: Private equity group Apax Partners has emerged as a front-runner to pick up a significant minority stake of 20% in Shriram City Union Finance, the retail lending arm of the Shriram Group, from its current private equity owner, buyout ...Economic Times, 3 weeks ago
NexThought Monday: Is Faster Necessarily Better?: As India's financial inclusion initiatives race forward, questions linger about its microfinance-focused MUDRA
Before any farmer can ask for a loan, he has to produce, one - land records, two - records of rights, three - no dues from the government, four - records of all land revenue paid, five - land valuation certificates, six - no dues from agricultural ...NextBillion.net, 4 weeks ago
The usurious moneylender was well-known, even in colonial times. The ryot cannot cultivate without borrowing because his crop goes largely to the long-term creditor, says the Central Banking Enquiry Committee Report of 1929. India's poor still ...Outlook India, 1 month ago
The microfinance sector, which is seen as a vehicle of financial inclusion, has seen a boom over the past year as government has laid more emphasis on financial inclusion. The sector is expected to grow robustly in the next few years as large ...VC Circle, 1 month ago
Shruti Gupta 16 April 2015 The Narendra Modi led BJP government has been criticised by many on its failure to deliver on its promise of 'change' through 'big bang' reforms. However, the majority fail to recognise ...Observer India, 1 month ago
NEW DELHI: VRL Logistics Ltd (VRL) is one of the leading pan-India surface logistics service providers of goods and passenger transportation, Reliance Securities said in a note. The company receives 75% of the revenue from road transportation ...Economic Times, 1 month ago
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