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Banks working on setting up 'Rural ATMS' for smaller denominations: RBI

Jul 14, 2014

Banks working on setting up 'Rural ATMS' for smaller denominations: RBI

Typically in city or urban centric ATMs, they will disburse high denomination notes (Rs 1,000 and Rs 500), whereas in rural areas, people will be requiring more of lesser denomination #India #RBI #Reserve Bank of India #Self-help group #Telangana #Andhra #MFI #rural ATM #gandhu
Microfinance Bill will do little to help SKS. Here's why

May 11, 2012

Microfinance Bill will do little to help SKS. Here's why

But are the celebrations premature? If you take a good, hard look at the facts, it does seem like investors have got just a tad carried away. #Business/Finance #HowThisWorks #SKS Microfinance #Andhra Pradesh #Self-help group
NABARD's financial aid to K'taka touches all-time high of Rs 6,053 crore

Apr 03, 2012

NABARD's financial aid to K'taka touches all-time high of Rs 6,053 crore

The financial support to banks, NGOs and the state government in Karnataka by NABARD touched an all-time high of Rs 6,053 crore last fiscal, a rise of about 40 percent from 2010-11. #Microfinance #NewsTracker #Self-help group #Agriculture in India #National Bank for Agriculture and Rural Development #National bank
Is RBI to blame for microfinance industry's woes?

Nov 29, 2011

Is RBI to blame for microfinance industry's woes?

The central bank's policy of not allowing microfinance institutions to hold savings raised the risk of client default and MFI collapse. #RBI #Microcredit #Microfinance #ToWhatEffect #Andhra Pradesh #Self-help group #SKS Micrfinance