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 month 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 month ago Due diligence by MFIs vital The Hindu, 1 month ago
Davis Golding , chief investment officer at US-based Equator Capital Partners recently sold a 3.13% stake (1,000,000 shares) in microfinance player Satin Creditcare Network for Rs.37.63 crore through ShoreCap II. Post the sale, ShoreCap II's holding ...Outlookbusiness.com, 1 month 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, 1 month 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, 1 month ago Bharat Financial hits fresh 52-week high on 4-fold jump in Q1 net Economic Times, 1 month 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 month 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 month ago Check borrowers profile before lending money: Guv tells MFIs Financial Express, 1 month ago Cibil builds 360 degree view of consumer; what you really must know Financial Express, 1 month 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 month 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, 1 month 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, 1 month ago
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