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About 39 results for "mfi"

MFI profitability hit by note ban, says ICRA report

MFI profitability hit by note ban, says ICRA report

Collection dived to 75-80% in November-December from 99% after demonetisation. With demonetisation taking a toll on recoveries during November and December, micro finance institutions might report a substantial dip in profit for 2017-18. The rise in credit and operating costs are expected to bring down return on equity from 13-15 per cent to below 10 per cent for FY18, according to rating agency ICRA. Collection dived to 75-80 per cent in November-December, from 99 per cent prior to ..., 3 weeks ago
Demonetisation to dent MFI profitability: Report Business Standard, 3 weeks ago

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Before It's News, 1 week ago
Financial Express, 2 weeks ago
Ticker Report, 2 weeks ago, 2 weeks ago
Financial Express, 2 weeks ago
Cemnet, 3 weeks ago
American Banking News, 2 weeks ago
Ticker Report, 2 weeks ago, 3 weeks ago, 3 weeks ago
Business Line

Suryoday Small Finance Bank likely to grow 50-60% the next couple of years, says MD Baskar Babu

Want to inculcate banking habits in the 7.50 lakh MFI customers before tapping them for deposits Suryoday Small Finance Bank formally launched its operations on January 23 by opening a branch near its headquarters at Belapur (Navi Mumbai). The bank, which was ...
 Business Line3 weeks ago

Muthoot Group to sell 11% stake in MFI biz to US fund

Creation Investments will invest Rs 100 crore investment for 9 percent stake, while it has an option to invest additional Rs 30 crore at March 2018.
 Money Control3 weeks ago

It pays to use prepaid cards to deliver services to MFI clients: study

Smooth sailing for Bajaj Allianz Life’s use of prepaid cards to settle insurance claims of Utkarsh Micro Finance
 Business Line1 month ago

IndusInd-Bharat Financial deal would benefit both: Analysts

A buyout of the country’s largest micro finance institution (MFI) Bharat Financial Inclusion by private lender IndusInd Bank, if materialises, could be a win-win. According to analysts, a buyout of Bharat Financial (formerly SKS Microfinance) would provide ...
 The Financial Chronicle1 week ago Bharat Financial more attractive; MFI valuations catching up  Money Control1 month ago Bharat Financial Inclusion spurts on strong results  Sify3 weeks ago

MFI witnessed 84% growth in GLP in Q2, says MFIN

Microfinance industry witnessed 84 per cent year-on-year growth in aggregate gross loan portfolio (GLP) of microfinance institutions in second quarter of the financial year 2016-2017, says a report. "The aggregate GLP of MFIs stood at Rs 57,941 ...
 Business Standard2 months ago Railways spending increased by over 28% in 9MFY17  India Infoline3 weeks ago

Turning challenges into opportunities

The January 2017 issue of MFI will give you a detailed outlook into the post-demonetisation condition of equity & debt, and what to do with the two By Research Desk | Dec 16, 2016 Demonetisation is simultaneously a threat, a challenge and an opportunity.
 Value Research Online2 months ago

Competition brews in MFI sector, paving way for consolidation

Over-leveraging signs already there; consolidation likely as regular banks get into the segment
 Business Standard2 weeks ago
State Times

China 'Silk Road' concert enthralls audience in Mumbai

With an array of ensemble and solo performances, the second edition of Indo-China music concert "Silk Road" mesmerised the audience, here last evening. Held at the the iconic Royal Opera House, it was organised by Musician's Federation of India (MFI) and ...
 Business Standard2 days ago

Claris Lifesciences net profit up 233 pc at Rs 35 cr in Q3

Claris Lifesciences Ltd today said its consolidated net profit jumped by 233 per cent at Rs 35 crore in Q3 FY2017 as against Rs 15 crore in the corresponding period of last year. Total consolidated income for Q3FY 2017 grew by 16 per cent YoY at Rs 221 crore ...
 Business Standard6 days ago
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