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About 70 results for "nbfc mfi"

Arohan raises Rs 60-cr funding from Tano Capital
Business Standard

Arohan raises Rs 60-cr funding from Tano Capital

Arohan is the second NBFC MFI in the country with close to Rs 400 crore assets under management spread over four states BS Reporter | Pune March 30, 2015 Last Updated at 14:04 IST Arohan, an Intellecap Group company, today announced that it has raised Rs 60 ... Business Standard, 19 hours ago
MFI Arohan raises Rs 60 cr from fund of Tano Capital The Financial Chronicle, 12 hours ago

MUDRA Bank can be positive for microfinance sector: ICRA

As per ICRA estimates, the MFI sector, including self-help groups (SHGs) and NBFC-MFIs, had a total portfolio of Rs 780 billion as on 30 September 2014, ICRA said in a report in Mumbai. The post MUDRA Bank can be positive for microfinance sector: ICRA ...
 First Post.com3 weeks ago Funding costs of NBFC-MFIs likely to come down: Icra  Hindu Business Line3 weeks ago ESAF Micro applies for bank licence  Hindu Business Line1 month ago ESAF applies for small bank license  Smart Investor1 month ago

India's micro finance sector to stage strong come back: Ind Ra

Ind-Ra estimates the total NBFC-microfinance institutions (MFI) loan portfolio will increase to INR748bn by FY19 from INR253bn in FY14 by doubling its borrower base and increasing disbursements 03 Feb 2015 MUMBAI (Commodity Online): The ...
 CommodityOnline1 month ago Does India Need Microfinance-Focused Mudra Bank?  NextBillion.net2 weeks ago Do we need Mudra Bank?  MSN News3 weeks ago

NBFC-MFI base rate steady for fourth straight quarter at 10.09% effective from 01 January 2015

RBI advises the average of the base rates of the five largest banks as interest rates to be charged by NBFC-MFIs The applicable average base rate for Non-Banking Financial Company-Micro-Finance Institutions (NBFC-MFIs) to arrive at the interest rates they can ...
 Business Standard2 months ago
Business Standard India

MFIs' portfolio reaches historic high of Rs 35k cr

The collective portfolio of microfinance institutions (MFI) is set to reach a historic high of Rs 35,000-36,000 crores, a growth of nearly 28 per cent over the last year. In December 2014, the gross loan portfolio of MFIs stood at nearly Rs ...
 Business Standard India1 month ago

For MFIs, transition to small banks could be arduous

The Reserve Bank of India's decision to create small finance banks could be a game-changer for microfinance institutions (MFIs) in the country. Among the 72 applicants vying for small finance bank licence, 17 are MFIs, going by the list released ...
 Hindu Business Line1 month ago For MFIs in India, Transition to Small Banks Could Be Arduous  NextBillion.net1 month ago Mudra Bank could be game changer for micro finance  The Financial Chronicle1 month ago

Satin Creditcare raises $10M from US-based WorldBusiness Capital through ECB

New-Delhi-based microfinance institution (MFI) Satin Creditcare Network Ltd has raised $10 million through external commercial borrowing (ECB), according to a press release. WorldBusiness Capital, a US-based lender, has given a eight-year loan, ...
 VC Circle2 months ago
Business Standard India

Manappuram takes over Asirvad Micro Finance

Manappuram Finance Limited (MFL), a Kerala-based leading gold loan NBFC, has completed the formalities of its takeover of Asirvad Micro Finance Private Limited. Aisrvad is a Chennai bases NBFC-MFI. With this, MFL has taken an important step toward ...
 Business Standard India1 month ago Manappuram Finance takes over Asirvad Micro Finance  MetroVaartha.com1 month ago

The fine print of Mudra Bank

Illustration: Jayachandran/Mint The rural development ministry has been lobbying hard with the government and the Reserve Bank of India (RBI) to promote a developmental financial institution (DFI) for re-financing the women's self-help group ...
 Livemint.com1 week ago MINISTRY OF FINANCE OF REPUBLIC OF INDIA : Government to set up Micro Units Development and Refinance Agency (MUDRA) Bank  4 Traders1 week ago MUDRA Bank will provide cheaper loans to 5.7 cr informal enterprises  Hindu Business Line2 weeks ago Do we need Mudra Bank?  Livemint.com3 weeks ago
Times of India

Micro finance institutions extend loan to the 'missing middle'

CHENNAI: After lending money to the just below and the just above the poverty line segment, micro finance institutions are now targeting the 'micro finance plus' segment by giving slightly bigger loans (between Rs 50,000 and Rs 2 lakh). The segment ...
 Times of India1 week ago Micro Finance Institutions Network decodes Industry  Financial Express1 month ago
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