Village Financial Services (VFS), a Kolkata based NBFC MFI has been presented the Best Enterprise Award by Europe Business Assembly, in the field of banking and finance in India. On the occasion, Kudlip Maity, MD, was conferred with the Best Manager ... The Echo Of India, 1 week ago
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Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI) Ujjivan Financial Services, which will hit capital markets on Thursday, will commence its operations as a small finance bank (SFB) in the first quarter of 2017. Samit Ghosh, MD and CEO of ...Deccan Herald, 2 months ago Banking Trends: Is small beautiful? Hindu Business Line, 4 weeks ago
Origo Commodities has filed an application with RBI to start an NBFC to lend to farmers, and traders focused on agriculture sector; Origo expects to obtain an NBFC licence by December Hyderabad: Origo Commodities India Pvt. Ltd, an agricultural ...Livemint.com, 1 month ago
MUMBAI: A central-eastern India focused micro-lender, headquartered in Bhubaneswar, is pleased to announce the successful completion of equity infusion of Rs 35 crore made by Oikocredit, a Netherlands based cooperative and one of the largest funders ...Economic Times, 1 month ago
Pricing of credit by NBFC-MFIs- applicable average base rate for the quarter beginning July 01, 2016
It was communicated by Reserve Bank in its circular dated February 7, 2014 issued to NBFC-MFIs regarding pricing of credit, that the average of the base rates of the five largest commercial banks shall be advised by the Bank on the last working day ...Reserve Bank of India, 3 weeks ago
Will come up with two new products after conversion into small finance bank: Raghavan HKN, Equitas Holdings
In an interview to , Raghavan HKN , CEO, Equitas Holdings, sahres his business ideas. Edited excerpts: ET Now: Congratulations on a great set of numbers, strong NII growth, profit growth as well. What has led to this kind of performance and more ...Economic Times, 2 hours ago
Ujjivan Signs MoU With Manipal Global Education Services for Transforming Talent in Upcoming Small Finance Bank
- Role-based training program for talent transformation in upcoming Small..."/> - Role-based training program for talent transformation in upcoming Small Finance Bank. - This banking training program has been designed to equip participants with ...PR Newswire India, 5 days ago
Rise in loan ticket size and shift of borrower base in favour of urban areas marked a strong rebound in Indian microfinance industry, whose combined gross loan portfolio (GLP) grew 84 per cent to Rs 53,200 crore in FY16 from Rs 28,900 crore in the ...Smart Investor, 5 days ago
As SFBs, these microfinance institutions will have to bring down their level of borrowings from banks and increase fund-raising through deposits Mumbai: Eight microfinance institutions (MFIs) that will soon turn into small finance banks (SFBs) may ...Livemint.com, 1 week ago
CHENNAI: Smaller micro-finance players are finding it difficult to access credit on both the debt and equity side. Nearly 22 of the 57 micro-finance institutions (MFIs) in the country belong to the Rs 100-Rs 250 crore asset size bracket, but they ...Times of India, 2 weeks ago MFIs have higher debt-equity ratios than comfortable Times of India, 2 weeks ago
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