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About 7 results for "microfinance institutions network"

Indian microfinance loans grew 26% in Q1
Sify

Indian microfinance loans grew 26% in Q1

New Delhi: The business of Indian non-banking finance companies-microfinance institutions (NBFCs-MFIs) has grown 26 per cent during the first quarter of the current fiscal over the same quarter of last year, according to a latest industry report. "NBFCs-MFIs ... Sify, 1 month ago
MFIs pushed to second place as banks lead micro-credit The Financial Chronicle, 1 month ago

We are new-age MF institution dedicated to financial inclusion of rural women

Svatandra, the new-age microfinance firm, founded by Ananya Birla — daughter of Kumar Mangalam Birla — has seen 220 per cent annual growth over the last three years, thereby achieving break-even. The firm is also looking at other financial services ...
 The Financial Chronicle2 months ago

Over 60% of MFIs adopt cashless disbursement: MFIN

More than 60 per cent microfinance institutions have gone cashless for loan disbursals in their bid to improve operational efficiency, saysan industry report. "In fiscal 2017, over 60 per cent MFIs disbursed loans through cashless means of which nearly 88 per ...
 Business Standard4 weeks ago
Rediff.com

Vikram Akula is back where he belongs

In 2012, Akula quit as chairman of Bharat Financial Inclusion (formerly SKS Microfinance), which he’d founded and led to a successful initial public offering Hyderabad-based Vaya Finserv is set to launch microfinance operations, also marking the comeback of Vikram Akula into the sector he’d substantially influenced not long before.   Debuting as a banking correspondent (BC) in 2015, Vaya is opening its first set of 15 microfinance branches this week in Bihar, a state where it ...
 Rediff.com10 hours ago

Microfinance industry expects biz to pick up: MFIN

The microfinance industry is expecting a pick up in business as the impact of demonetisation fades out, MFIN CEO Ratna Vishwanathan said. The trend of a decrease in growth continued in the last quarter of 2016-17 and was driven largely by the impact of ...
 Business Standard2 months ago

Rural economy on path to recovery after cash cull

Bloomberg While loans are poised to reach pre-demonetisation levels in 3-6 months, falling farm prices have boosted real wages for landless India’s vast rural hinterland, which makes up 70 per cent of the country’s population, is showing signs of recovery ...
 The Financial Chronicle2 months ago
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