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About 28 results for "nbfc mfi"

MFIs demand more incentives for working as business correspond...

In June the Reserve Bank of India (RBI) allowed banks to appoint NBFC MFIs as business correspondent, a step in sync with the new financial inclusion programme of the government. However, so far, the experience of MFIs, which have been operating as ... Smart Investor, 1 month ago

Bandhan recruits ten people from banking sector for its top management

Bandhan, the microfinance institution which is planning to convert into a bank, has recruited ten people for its management team. The team that would lead one of India's newest banks comprises some big names from private and public sector ...
 Business Standard India10 hours ago

Bandhan leads in Q1 disbursals

Comment · print · T T T+· T- TOPICS Top 10 MFIs account for 77 per cent of total disbursements and the average loan disbursement per account is around Rs.15,000. Bandhan Financial Services emerged as the top non-banking finance ...
 The Hindu2 weeks ago
Business Standard India

SKS Microfinance back on high-growth path

Company expected to report earnings CAGR of 83% over FY14-16 on strong loan growth Malini Bhupta September 3, 2014 Last Updated at 21:36 IST Microfinance institutions (MFIs) are back in favour. After the recent regulatory tightening, the risk to ...
 Business Standard India2 weeks ago MFIs start to lower rates  Times of India1 month ago
Millennium Post

Micro-finance sector loan portfolio grows 44% in Q1

The gross loan portfolio of the micro-finance sector grew 44 per cent to Rs 26,150 crore in the June quarter. The loan portfolio stood at 27 per cent in the East, 33 per cent in the South and 20 per cent each in the West and North, according to a ...
 Millennium Post3 weeks ago Micro lenders log 44% growth in Q1 advances  Hindu Business Line3 weeks ago Micro-lenders log 44 pc growth in Q1 advances  The Financial Chronicle3 weeks ago

Microfinance Industry Continues to Grow at a Fast Pace in India

New Delhi: Microfinance Institutions Network (MFIN) released the tenth issue of the MicroMeter on the status of the Indian microfinance industry, as of 30 June 2014. This report provides a comparative analysis with the corresponding quarter of ...
 APN News3 weeks ago

Overweight rating on SKS Microfinance: Morgan Stanley

We estimate 65% EPS CAGR for FY14-17, with an average ROE of 23%, the best in our coverage, which should help sustain, if not re-rate, valuation. Regulatory and credit bureau moves to improve business sustainability should also benefit SKS. ...
 Financial Express3 weeks ago

SKS Microfinance jumps after brokerage upgrade

after a foreign brokerage initiated coverage on the stock with an overweight rating. Meanwhile, the BSE Sensex was up 53.24 points, or 0.20%, to 26,613.39. On BSE, so far 7.95 lakh shares were traded in the counter, compared with an average volume ...
 Business Standard India3 weeks ago
Business Today India

PM Modi kicks off major financial inclusion drive

Prime Minister Narendra Modi, in his maiden Independence Day speech on Friday from the ramparts of the Red Fort, touched upon a major drive that the government is planning on financial inclusion. Unveiling the 'Pradhan Mantri Jan Dhan Yojana', he ...
 Business Today India1 month ago

ESAF Microfinance Raises Funds From Triodos

@ESAF Private Limited has raised INR 475 Mn through private placement of NCD's which has been issued to Triodos Fund, a social investment fund from Netherlands owned by Triodos Bank. The issuance arranged by Unitus Capital has been fully ...
 Deal Curry1 month ago
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