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Banking revolution 2.0: RBI paves way for ten small finance banks

Sep 16, 2015

Banking revolution 2.0: RBI paves way for ten small finance banks

The Reserve Bank of India (RBI) on Wednesday gave licences to ten small finance banks, which included a few microfinance institutions (MFI) such as Ujjivan Financial services and Janalakshmi Financial services. #Business #RBI #Microfinance #NewsTracker #Raghuram Rajan #MFI #license #Small Finance banks
Microfinance loans are growing at a scorching pace, but it's a warning signal

May 29, 2015

Microfinance loans are growing at a scorching pace, but it's a warning signal

The industry numbers released by microfinance institutions network (Mfin), an industry body of micro lenders, for the fiscal year 2015 indicate a very sharp pick up in the number and quantum of loans. #HowThisWorks #India #Microfinance #Andhra Pradesh #loans #poor
MUDRA Bank can be positive for microfinance sector: ICRA

Mar 06, 2015

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. #Economy #ThisisNext #Microfinance #Mudra Bank #NBFC-MFIs
Bandhan: A microfinance group that beat corporates to a bank license

Apr 03, 2014

Bandhan: A microfinance group that beat corporates to a bank license

Bandhan Financial Services, the first microfinance institution in the country to win a bank licence. #RBI #Microfinance #WhoIsThis #Banking Licences #Bandhan
I shouldn't have brought only people from banking into SKS: Akula

Sep 25, 2013

I shouldn't have brought only people from banking into SKS: Akula

Vikram Akula, the founder of SKS Microfinance Limited, has said he should have brought in people who understood the significance of balancing social impact and profitability than merely those with banking and insurance experience into the company, when he was holding the reins. #Banking #Microfinance #SKS #Vikram Akula
Vikram Akula may be readying for long battle to return to SKS

Sep 09, 2013

Vikram Akula may be readying for long battle to return to SKS

With SKS Trusts demanding a board membership for Vikram Akula, will the erstwhile poster boy of microfinance in India return to the top post at the lender? #Microfinance #SKS Microfinance #Vikram Akula #WhatNext
SKS Microfinance was supposed to be finished, but it's still here

May 09, 2013

SKS Microfinance was supposed to be finished, but it's still here

A company which had earlier seen an almost perfect payback rate began to stumble as a result of non-payment of dues by borrowers, egged on by local politicians. Two years later, the company has come a full circle. #Business #Microfinance #SKS Microfinance #Andhra Pradesh #EarningsShow
SKS plans to resume lending operations in AP soon

Mar 21, 2013

SKS plans to resume lending operations in AP soon

Country's only listed micro lender SKS Microfinance today said it plans to resume lending operations in Andhra Pradesh soon, two years after the state government came out with a stringent laws to regulate the industry. #Microfinance #SKS Microfinance #Andhra Pradesh #CompanyWatch
Transition from non-profit to for-profit: Mistakes SKS committed

Feb 08, 2013

Transition from non-profit to for-profit: Mistakes SKS committed

The problem was the company's larger-than-life claims of empowering the poor and poverty alleviation, even as it veered towards for-profit model. #Microfinance #SKS #Andhra #MR Rao #S. Dilli Raj