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About 32 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 week ago

IFC bets on NCDs in debt financing for NBFCs

N "Recently we have started debt financing through NCDs to NBFCs. The first one is AU financiers, a Rajasthan-based NBFC of USD 25 million. We are looking at more opportunities through this route," IFC senior investment officer A K Agarwal said ...
 Moneycontrol.com1 month ago NCDs turns preferred route for IFC in debt financing for NBFCs  Business Standard India1 month ago Role of NBFCs in financial sector: Regulatory challenges  India Infoline2 months ago NCDs are preferred route for IFC while debt financing NBFCs  Deccan Herald1 month ago

NBFC-MFIs: average base rate pegged at 10.09%

The Reserve Bank of India has pegged the applicable average base rate for Non-Banking Financial Company-Micro-Finance Institutions (NBFC-MFIs) at 10.09 per cent for them to arrive at interest rates to charge borrowers for the quarter beginning July ...
 Hindu Business Line1 month ago From Vision to Reality  NextBillion.net1 month ago

As A Bank, We Can Give More Than Just Credit

Bandhan, a leading microfinance institution (MFI), is one of only two organisations given a licence to set up a bank. As it gears up to start operations, Bandhan's founder Chandra Shekhar Ghosh aims at extending services beyond credit to ...
 Outlook India1 month 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 India6 days 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 week ago

Intellecap Group Company Arohan Financial announces issue of Non-Convertible Debentures

Arohan Microfinance, a Financial Inclusion player headquartered in Kolkata, has issued two new series of non-convertible debentures. The first, worth INR 29.05 Cr, has been issuedto a Luxemborg based investor, and another worth INR 15 Cr has been ...
 APN News2 weeks ago

MFIs start to lower rates

CHENNAI: With cost of funds becoming cheaper for MFIs (micro finance institutions), some of them have begun reducing lending rates. SKS Microfinance has announced it would lower rates from 24.55% to 23.55% from October 1. "Borrowing costs have ...
 Times of India2 weeks ago

Govt may bring in fresh legislation on MFIs: Jaitley

The Government has started consultations with all stakeholders, including State Governments, and may bring in a new legislation for regulating micro-finance institutions (MFIs), Finance Minister Arun Jaitley said in the Lok Sabha. This is because ...
 Hindu Business Line3 weeks ago Govt starts consultations for enacting law for MFIs  Economic Times3 weeks ago Government starts consultations for enacting law for MFIs  Jagran Post3 weeks ago

Let your pot of gold create social impact

Wouldn't you like to invest in a fund that gives decent returns and also makes you feel good about making a social impact? The social venture fund launched by IFMR Investment Adviser Services seeks to provide long-term funding to micro-finance ...
 Hindu Business Line1 month ago
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