Chennai: The year 2010 saw a spate of suicides in Andhra Pradesh with more than 200 poor, debt-ridden farmers killing themselves. The state blamed microfinance institutions (MFIs), including market leader SKS Finance, saying that the lenders had ... Times of India, 1 week ago
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Don't lead customers on dream path of consumerism, says Governor at micro finance summit Andhra Pradesh and Telangana Governor E.S.L. Narasimhan on Tuesday called upon micro finance institutions to adopt a code of conduct, as a measure to grow ...The Hindu, 1 week ago Due diligence by MFIs vital The Hindu, 1 week ago
It’s Monday morning and time to do our customary Weekly Wrap-up. If you were offline for any reason, this is a great way to catch up with all the Tech Buzz! Even though the official commercial Jio launch is a month away, other telecom majors have started ...Trak.in, 3 days ago
Meanwhile, the S&P BSE Sensex was down 18.48 points or 0.07% at 27,692.04. More than usual volumes were traded on the counter. On BSE, so far 6.67 lakh shares were traded in the counter, compared with an average volume of 1.7 lakh shares in the ...KJMC Group, 6 days ago Bharat Financial hits fresh 52-week high on 4-fold jump in Q1 net Economic Times, 6 days ago
The Ghanaian microfinance sector has had its fair share of challenges in recent times- challenges that seem to have lacerated its existing wounds and has hence, unfortunately, incited some loss of faith and confidence in the sector. It must however ...Modern Ghana, 1 week ago
Hyderabad, Jul 19 () The microfinance institutions (MFIs) should not carry people on the "dream path" of consumerism and must undertake due diligence of prospective borrowers before lending money to them, Telangana and Andhra Pradesh Governor E S L ...Times of India, 1 week ago Check borrowers profile before lending money: Guv tells MFIs Financial Express, 1 week ago Cibil builds 360 degree view of consumer; what you really must know Financial Express, 1 week ago
Rise in loan ticket size and shift of borrower base in favour of urban areas marked a strong rebound in Indian microfinance industry, whose combined gross loan portfolio (GLP) grew 84 per cent to Rs 53,200 crore in FY16 from Rs 28,900 crore in the ...Smart Investor, 1 week ago
To continue reading, we request you to support us by disabling your Ad Blocker In order to serve content on our website, we rely on advertising revenue which helps us to ensure that we continue to serve high quality unbiased journalism. To know ...Hindustan Times, 2 weeks ago
We want to acquire customers at the least possible cost. So this particular transaction offered very compelling opportunity. The youngest bank of the country, IDFC Bank, which started operations in October 2015, has been quick to take the ...The Hindu, 2 weeks ago
Impact investment fund Lok Capital recently announced the first close of its third fund of $100 million. All the existing investors participated in this round of fund raising, but what came as a surprise was the participation of a US-based pension ...Business Standard India, 3 weeks ago
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