Micro Finance Institutions Network (MFIN) has urged the RBI to lift the R50,000 lending cap and set a higher limit. In his Budget speech, finance minister Arun Jaitley announced setting up of Mudra Bank and said the government will create a ... Financial Express, 1 day ago
Loans from micro-finance firms jump 33% - The Gulf Today, 2 weeks ago
Micro-finance loans up 33 percent in October-December 2014 - Prokerala, 2 weeks ago
Micro finance institution Satin Creditcare Network has raised $10 million through the ECB (external commercial borrowing) route.Times of India, 1 month ago Satin Creditcare raises $10M from US-based WorldBusiness Capital through ECB VC Circle, 1 month ago Satin Creditcare Secures ECB From WorldBusiness Capital, OPIC Deal Curry, 1 month ago
The Reserve Bank of India's decision to create small finance banks could be a game-changer for microfinance institutions (MFIs) in the country. Among the 72 applicants vying for small finance bank licence, 17 are MFIs, going by the list released ...Hindu Business Line, 2 weeks ago MFIs count Mudra gains Calcutta Telegraph, 2 days ago For MFIs in India, Transition to Small Banks Could Be Arduous NextBillion.net, 2 weeks ago
APO-Source ADDIS ABABA, Ethiopia /African Press Organization (APO)/ -- Lion International Bank and Somali Micro Finance in partnership with BelCash Technology Solution PLC (http://www.belcash.com) launched the official pilot of the HelloCash mobile ...BusinessWeek, 3 weeks ago Ethiopia: Hellocash Mobile Money Service Goes Live in Ethiopia Balancing Act News, 2 weeks ago HelloCash mobile money goes live in Ethiopia BizNis Africa, 3 weeks ago HelloCash In Launches Ethiopia TechMoran, 3 weeks ago
The total aggregate gross loan portfolio (GLP) of Indian micro-finance institutions (MFIs) grew 51% for the quarter ended December to R31,450 crore (excluding non-performing portfolio of R2,900 crore out of 180 days in Andhra Pradesh). This ...Financial Express, 2 weeks ago MFIs' gross loan portfolio rose 51% in Q3 FY15 VC Circle, 2 weeks ago
The MFI has acquired a CORE banking system from Neptune for undisclosed sum The Somlai Region is going to open a second Micro Finance Institution (MFI) from which is going to extend loans from 10pc to 20pc. This will be the second in the region. ...Addis Fortune, 4 weeks ago Somalia: Somali Region Gets a Second Micro Finance Institutions AllAfrica.com, 4 weeks ago
Finance Minister Ravi Karunanayake told Parliament yesterday that the government will take action to scrutinize transactions of financial institutions with effect from March 1, 2015. Responding to a special statement made by DNA Parliamentary ...Sri Lanka Daily News, 2 hours ago Join India's smartest graduate students and annotate Modi's 46-page budget Quartz, 3 days ago FM Arun Jaitley misses the catch with start-ups Business Today India, 3 days ago Full text of Arun Jaitley's Finance Budget 2015-16 speech IBNLive India News, 3 days ago
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LUCKNOW: The World Bank on Monday approved a $500 million loan for the MSME Growth Innovation and Inclusive Finance Project to improve access to finance for Micro, Small and Medium Enterprises (MSMEs) working in the manufacturing and services sector ...Times of India, 1 day ago World Bank approves USD 500 m loan for Indian MSMEs Moneycontrol.com, 1 day ago World Bank Approves $500 Million Project to Improve Access to Finance for Micro, Small and Medium Enterprises Finchannel.com, 1 day ago World Bank Approves USD 500 Mn Loan for Indian MSMEs Outlook India, 1 day ago
MINISTRY OF FINANCE OF REPUBLIC OF INDIA : Budget 2015-16 Marks the Beginning of Co-Operative Federalism and Empowerment of the States.
Several New Schemes Announced Micro Units Development Refinance Agency (MUDRA) Bank To Refinance Micro Finance Institutions Pradhan Mantri Suraksha Bima Yojana To Cover Accidental Death Risk Of Rs. 2 Lakh For Just Rs. 12 Per Year ...4 Traders, 2 days ago Building finance infrastructure for SMEs Hindu Business Line, 3 days ago FM Arun Jaitley's full speech on the Union Budget 2015 Financial Express, 3 days ago Budget 2015: Full text of Finance Minister Arun Jaitley's speech Financial Express, 3 days ago
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SBI Bank (Representational Image) Hyderabad: If what the finance minister has proposed comes true, you may soon see a roadside tea-seller or small time wood bench maker, get enough money to keep their businesses not just going but flourishing. ...Deccan Chronicle, 3 days ago Mudra Bank could be game changer for micro finance The Financial Chronicle, 3 days ago
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