Satin Creditcare Network (SCNL), one of the largest microfinance institutions in North India, has received a fresh disbursement of Rs 300 crore from National Bank for Agriculture and Rural Development (NABARD), in the form of refinance facility at an interest ... Deccan Herald, 1 month ago
Asset quality will remain constant in Q4: Satin Creditcare - Money Control, 2 months ago
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More than a quarter after demonetisation, most sectors have returned to normalcy, except microfinance institutions (MFIs). Repayment or collections in the microfinance sector have not yet recovered, mainly due to rumour mongering in the aftermath of ...The Financial Chronicle, 2 weeks ago Note ban hit microfinance loans in Q3 by 26%: MFIN Prokerala, 2 months ago Demonetisation hits micro-finance biz Business Standard, 2 months ago
Microfinance institution Bharat Financial Inclusion Ltd today launched an initiative for instant loan approval and disbursed them to three women in a village near Bassi in Jaipur district. The initiative is expected to help rural areas embrace cashless ...Business Standard, 2 months ago IndusInd-Bharat Financial deal would benefit both: Analysts The Financial Chronicle, 2 months ago
In December 2016, RBI had granted additional 60 days for repayment of certain loans With disruptive influence at local level continuing to impact repayments, the Microfinance Institution Network (MFIN), the representative body for microfinance institutions (MFIs), is looking to seek six-month extension of repayment tenure for loans stuck on account of demonetisation. Earlier, MFIN had sought three months extension from the Reserve Bank of India (RBI). In December 2016, RBI had granted ...Rediff.com, 3 weeks ago
Sima Kamil, a veteran banker was on Monday appointed president and CEO of the United Bank Limited (UBL), becoming the first woman to lead a major Pakistani bank in the conservative Muslim nation. Kamil, who will initially serve as deputy CEO at UBL, is slated ...The Financial Chronicle, 4 weeks ago Sima Kamil becomes 1st woman to lead a major Pakistani bank Business Standard, 4 weeks ago
These banks are finding it hard to pick up seasoned bankers at the pay they are offering With all the ten small finance banks (SFB) set to be operational over the next two months, local hiring has turned out to be the essence of their human resource policy. With each of the proposed banks requiring a minimum headcount of close to 500 new recruits for expansion next year, rough estimates suggest that at least 5,000 new jobs are expected to be created collectively from the ten SFBs. Notably, ...Rediff.com, 1 month ago
Posted by Equitymaster Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.45%, while the Hang Seng is down 0.19%. The Shanghai Composite is trading down by 0.31%. Stock markets in the US and Europe ended their ...Equitymaster.com, 2 months ago
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