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About 53 results for "nbfc mfi"

IBM Helps SKS Microfinance Boost Field Productivity

IBM Helps SKS Microfinance Boost Field Productivity

SKS Microfinance Limited, an NBFC-MFI registered with the RBI, completed thedeployment of IBM MobileFirst solution for enhanced customer service and productivity gains.IBM implemented an end-to-end mobile solution to eliminate time-consuming and ... CXOtoday, 5 days ago

Loan portfolio of MFI rises 33% in FY'15

T NBFC-MFIs accounted for 88 percent of the loans, followed by Societies and Trusts at 9 percent, it said. Interestingly, the top 10 MFIs including the likes of Bandhan, SKS and Janalakshmi contributed Rs 34,298 crore, which is 70 percent of the ...
 Moneycontrol.com1 month ago Microfinance institutions grow in the country  Times of India1 week ago Microfin gross loan portfolio rises 76% in Sept quarter  Financial Express1 week ago Loan Portfolio of Microfinance Institutions Rises 33% in FY15  NDTV Profit1 month ago

Why upcoming small banks will change the banking landscape

A successful NBFC-MFI can support a return on equity of 15 per cent plus. The better public sector banks averaged a return on equity of just over 10 per cent in 2013-14, notes Subir Roy. The awarding of in-principle licences for 10 small finance banks is likely to be a game changer in a way which may not be adequately realised right now. The winners, selected from among 72 applicants, are mostly microfinance institutions (MFIs) already under the supervision of the Reserve Bank of India (RBI) as ...
 Rediff.com2 months ago No relaxation in CRR, SLR norms, RBI tells small finance banks  Business Standard India1 month ago Small finance banks seek to plug Rs1-10 lakh loan gap  Livemint.com1 month ago 5 Ways These Banks Will Bring A Change In India  Silicon India1 month ago

It calls for a thorough probe: Achuthanandan

The idea of floating a microfinance institution (MFI) was originally pushed by the SNDP Yogam in its council meeting way back on November 22, 2003 while C.K. Vidyasagar was its president. Mr. Vidyasagar told The Hindu : Mr. Natesan dumped the ...
 The Hindu1 day ago
Financial Express

Short-term MFI credit limit doubled to Rs 30,000

In a boost to micro finance borrowers, the Reserve Bank of India (RBI) has raised borrower limit to Rs 30,000 for short duration (less than 24 months) from the existing level of Rs 15,000. The micro finance industry has been demanding this easing ...
 Financial Chronicle4 days ago SKS Microfinance surges 6% on interest rate cut, RBI move  Moneycontrol.com3 days ago SKS Microfinance gets Rs 100 crore refinance line from MUDRA  Financial Express1 month ago MUDRA sanctions Rs 1 bn refinance to SKS Microfinance  MyIris1 month ago

NBFC-AFCs body for I-T exemptions at par with banks

NEW DELHI: Finance Industry Development Council (FIDC), the self regulatory body for NBFCs-AFCs, has demanded the Finance Ministry to bring it at par with banks in terms of taxation issues and provide exemptions. The body also wants to have a ...
 Economic Times6 days ago NBFC-AFCs regulatory body for tax exemptions at par with banks  Economic Times1 week ago
NDTV Profit

NBFC-MFIs Chargeable Interest Rate Fixed at 9.82% for December Quarter

More From Banking & Financial Services Mumbai: Reserve Bank on Wednesday fixed the applicable rate of interest charged by NBFC-MFIs at 9.82 per cent for the quarter starting on Wednesday. "It is hereby brought to the notice of all concerned ...
 NDTV Profit2 months ago
Channel Times

transforms operations with IBM Mo..

Release date- 25112015 - Bangalore - IBM (NYSE:IBM) announced today that, they successfully completed deployment of IBM MobileFirst solution for SKS Microfinance Limited., an NBFC-MFI registered with the RBI. SKS Microfinance Limited has partnered ...
 4 Traders3 days ago SKS Microfinance goes paperless with IBM MobileFirst solution  Express Computer India4 days ago SKS Microfinance improves field operation productivity with IBM MobileFirst  Firstpost.com5 days ago SKS Microfinance Limited Transforms Operations With IBM MobileFirst Solution  It Voice5 days ago

Microfinance industry sees 28% rise in client base in Q2

The country's microfinance industry witnessed 28 per cent rise in client base to 2.63 crore in the second quarter and the aggregate gross loan portfolio (GLP) of MFIs grew by 76 per cent to reach Rs 36,660 crore, according to industry body ...
 Financial Chronicle1 week ago

We are working to create a meaningful m-wallet ecosystem: Pradeep Sampath

nterview with COO, MMP Mobi Wallet Payment Systems. The idea is to have a customer who transacts on a regular basis and not someone who has downloaded a wallet because there was some free money available on download, Pradeep Sampath tells ...
 Agencyfaqs!3 weeks ago
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