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About 58 results for "micro financial sector"

PSBs lose ground to private banks, finance companies in SME lending
Business Standard

PSBs lose ground to private banks, finance companies in SME le...

Public sector banks (PSBs), traditionally dominant in lending to small and medium enterprises (SMEs) are now facing a strong challenge mounted by private banks and finance companies to win away this business.According to a TransUnion CIBIL analysis, a ... Business Standard, 5 days ago

NBMSME to meet tomorrow over sectoral reforms

The National Board for Micro, Small and Medium Enterprises (NBMSME) will meet here tomorrow to take stock of recent developments in the sector, and chalk out the implementation of roadmap for reforms, including a comprehensive policy for MSMEs. The report of ...
 Deccan Herald3 weeks ago

RBI announces relief measures for 'GST-affected' MSME sector

New Delhi : In a measure to provide relief to the micro, small and medium enterprises (MSME) sector which was "badly hit" by the implementation of the Goods and Services Tax (GST), the Reserve Bank of India (RBI) on Wednesday gave them an extension of up to ...
 Sify1 month ago

Rs 11 lakh cr priorty sector lending target achievable:Jaitley

PTI City: New Delhi Finance Minister Arun Jaitley today said the priority sector lending target of Rs 11 lakh crore is achievable next fiscal and it would help farmers double their income by 2022. "The credit flow target of Rs 11,00,000 crore for 2018- 19 is ...
 The Financial Chronicle2 weeks ago

Satin Creditcare eyes consumption loans foray

City: Chennai Micro finance company Satin Creditcare wants to avoid the risk of being a one-product company. After diversifying into MSME and housing finance, the company is looking at opportunities to provide consumption loans to cater to the multiple needs ...
 The Financial Chronicle2 days ago

IDFC's financial inclusion drive for over 1000 villages

IDFC Foundation, the Corporate Social Responsibility (CSR) arm of IDFC Group, has partnered with Vasudhara Dairy, to help in financial inclusion efforts at 1,000 villages in Gujarat and Maharashtra, using Financial Inclusion Devices or interoperable Micro ...
 Deccan Herald3 days ago

Credit disbursal to MSMEs up by 20% YoY

Amid a slew of reforms taken for the empowerment of the Micro Small and Medium Enterprise (MSME) segment, the Centre revealed that loan disbursal to this segment witnessed a 20 percent growth year-on-year (YoY).In a detailed infographic, Secretary of the ...
 Business Standard4 days ago

Bandhan Bank gets Sebi nod for Rs 2,500-cr IPO

FC Bureau City: New Delhi Private sector lender Bandhan Bank has received markets regulator Sebi's go-ahead to raise more than Rs 2,500 crore through an initial share sale. The Kolkata-based bank had filed draft papers with the markets regulator on January 1 ...
 The Financial Chronicle1 week ago SEBI approves Bandhan Bank's 2500 crore IPO; 41st bank to trade on BSE  Sify1 week ago Bandhan Bank to raise over Rs 2,500 crore via IPO  Deccan Herald2 months ago Is there any "bhala" investing in the over Rs 4000 crore Bandhan Bank IPO?  Sify5 days ago

Does Aavas have the answer to India's banking crisis?

Aavas is turning heads in the country’s mortgage financing space because it selected to do business in a different way, says Mudar Patherya. Illustration: Dominic Xavier/ Sorry, no tips this time. Let me report that my travels took me to a company that may well be the answer to the country’s banking crisis.   Aavas Financiers Ltd is a mortgage financing company with contrarian strains which are immediately visible: most would have assumed that an NBFC (non-banking ...
 Rediff.com1 week ago

ESAF Small Finance Bank begins operations in Karnataka

ESAF Small Finance Bank has started its Karnataka operation with the opening of its first branch at Koramangala in Bengaluru. ESAF was started as a microfinance institution in 1992 in three districts of Karnataka with 12 microfinance branches and 40,745 ...
 Deccan Herald1 week ago
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