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About 51 results for "micro financial sector"

Credit flow to agri sector dull in first half of 2017-18

In the first two quarters of this financial year, the achievement under the annual credit plan with regard to credit flow into the agriculture sector in the district was only 27.72%, though the overall achievement against the total target comprising all ... Deccan Herald, 1 month ago
Sify

OSFC to be revived to improve credit for MSMEs: Minister

In a bid to improve credit guarantee for the micro, small and medium enterprises sector, the state will soon revive the Odisha State Financial Corporation (OSFC), MSME Minister Prafulla Samal said.Addressing a seminar on Initiatives to develop the sector at ...
 Business Standard1 month ago Small, medium firms were limping back when GST added to pain: Stakeholders  Sify2 months ago

One year of DeMo: MFI industry recovering slowly

With the completion of one year of demonetisation, leading players of the micro-finance industry (MFI) were of the view that things were recovering slowly and delinquency levels were still on the higher side. Arohan Financial Services, a city-based MFI, was ...
 Deccan Herald2 months ago

China cracks down on online micro-lending firms with new rules

(Reuters) - China's financial regulators on Friday circulated new rules to local governments targeting fast-growing online micro-lenders, part of a campaign to rein in a rapidly developing financial sector. Under the new rules, unlicensed organizations and ...
 Business Standard1 month ago China online finance regulator tells unqualified micro-lenders to stop lending  Sify1 month ago

Bandhan Bank to raise over Rs 2,500 crore via IPO

Kolkata-based private sector lender Bandhan Bank on Monday filed draft papers with markets regulator Sebi for its IPO to raise an estimated amount of over Rs 2,500 crore. "Bandhan Bank Ltd has filed a Draft Red Herring Prospectus with the Sebi for its ...
 Deccan Herald2 weeks ago
Business Standard

Credit growth likely to be muted at 8% this fiscal: Assocham

A slowdown in the economy coupled with high stress level in the banking sector is expected to restrict credit growth at around 8 per cent during the current fiscal despite government's thrust on loan expansion, says a study by industry chamber ...
 Business Standard2 weeks ago
Rediff.com

'Farmers must get proper returns for labour, time, investment'

"A thorough review is required for the farm sector."An expert committee can look into this issue and see how to improve income and agriculture productivity." With the government hinting at making agriculture and farm distress a focus area in Budget 2018-19, the country’s largest lender believes farmers must get adequate returns for labour, time, and investment. State Bank of India (SBI) chairman Rajnish Kumar, bottom, left, in conversation with Abhijit Lele, also says that the overhang ...
 Rediff.com4 weeks ago

China to deepen reform, keep growth steady in 2018

BEIJING (Reuters) - China will deepen structural reforms and curb risks to the country's financial system while maintaining steady economic growth in 2018, the official Xinhua news agency said on Wednesday, citing leaders at an economic planning meeting.
 Sify4 weeks ago
Sify

Financial stability, inclusion go together: Ex-RBI chief

New Delhi: Programmes of financial inclusion are part of the larger financial system, the stability of which is essential to the success of the inclusive initiatives, a former Reserve Bank of India (RBI) Governor said on Monday. Noting that financial ...
 Sify1 month ago
Rediff.com

As DeMo impact fades, NBFC-MFI portfolio improves

The sector witnessed a 24 per cent growth in gross loan portfolio to Rs 38,288 crore, year-on-year Illustration: Uttam Ghosh/Rediff.com With their pool of micro-finance loans vulnerable to defaults declining, non-banking finance companies - micro finance institutions (NBFC-MFIs) have started recovering from the impact of demonetisation.   The portfolio of loans at risk (PAR) with dues over 30 days declined to 5.41 per cent at the end of September 2017 from 9.78 per cent at the end of June ...
 Rediff.com1 month ago
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