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 Standard, 5 days ago
RBI fixes lending rate for NBFC-MFIs at 9.89% for the July-September quarter - Economic Times, 5 days ago
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The microfinance industry has witnessed many changes since the 2010 crisis. Recently, the Reserve Bank of India (RBI) eased some lending norms for microfinance institutions (MFIs), which will mean enhanced access to credit for customers. Also, the ...Livemint.com, 2 months ago Viewpoint: India's MFI Rules Need More Thought, or Else They Can Go Wrong NextBillion.net, 2 months ago
Financial Services Secretary Hasmukh Adhia (Photo credit: PIB) MUDRA has been registered as company and an NBFC under RBI New Delhi: A legislation on MUDRA Bank is expected to be introduced in Parliament within a year and it will incorporate provisions of the ...Asian Age, 2 months ago
A bill towards MUDRA Bank is going to be introduced in winter session of the Parliament to make it operational, said Jiji Mammen , CEO, MUDRA Bank at an Assocham event held in New Delhi today. The drafting committee has been constituted and the ...MyIris, 2 days ago
We encourage visitors to register on IIFL. Registering on the site is absolutely Free and offers you the following benefits. Free Portfolio of Stocks, Equity and Commodities Derivatives Exclusive E-newsletter Post Comments and Share Feedback Your Personal ...India Infoline, 3 days ago
Previous story: FreshFood brews tech-revamp with Ramco ERP Next story: Fashion carnival brings out Designers of Tomorrow in Delhi New Delhi: Microfinance Institutions Network (MFIN),the premier industry association and Self-Regulatory ...APN News, 3 days ago
KOLKATA: Arohan Financial Services Managing Director Manoj Kumar Nambiar has become the new president of Microfinance Institutions Network (MFIN), the association of the 48 NBFC-MFIs that control 90 per cent of the India's MFI business. MFIN ...Economic Times, 4 days ago
Village Financial Services Pvt Ltd (VFS) announces commencement of its operations in Jharkhand. With the opening of its first branch in the state at Jharkhand in Pakur district, VFSPL looks to leverage the growing business opportunities in this part ...The Echo Of India, 5 days ago PTI - VFS - VFS begins operations in Jharkhand Namibia Press Agency, 5 days ago Micro-lender VFS eyes 48% growth in loan book this fiscal Hindu Business Line, 1 month ago
2 Indian MFIs commit to help end poverty with the Microcredit Summit Campaign: Equitas and Grama Vidiyal
The Microcredit Summit Campaign welcomes Equitas and Grama Vidiyal, two major Indian microfinance institutions (MFIs), as the 55th and 56th organizations to make a Campaign Commitment. They join a global coalition that includes the ILO, FAO, and ...Wall Street Select, 1 week ago
MUMBAI: Nearly five lakh households in rural and semiurban areas could benefit as the Asian Development Bank's (ADB) Chennai-based partner IFMR Capital is planning to release Rs 400-450-crore credit to microfinance institutions (MFIs) in the second ...Economic Times, 1 week ago
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