Latest News on Mfis
Showing of 0 - 10 from 12 results
Mfis - Total results - 12
Feb 25, 2019
Microfinance industry posts 43% growth in loan portfolio to Rs 1.66 lakh cr in December quarter: ReportMicrofinance industry posted 43.1 percent growth in December quarter 2018 as compared to the year-ago period, with a total loan portfolio of Rs 1,66,284 crore, a report by MFIN said on Monday
Nov 01, 2018
Govt, RBI must initiate more measures to improve liquidity scenario, says industry lobby FICCIFICCI said the tight liquidity situation in the festive season and rising interest rates will impact the SMEs, MFIs and sectors like housing
Oct 02, 2018
Microfinance sector may need upto Rs 9,000 crore over 3 years to meet growth plans: Icra reportDuring the first quarter of the current financial year, the microfinance sector grew 25 percent on annualised basis to Rs 2.25 lakh crore
Sep 19, 2018
Microfinance institutions' loan portfolio up 47% in FY18 to Rs 68,789 cr: ReportReleasing the Bharat Microfinance Report 2018 on Wednesday, Union MSME Minister Giriraj Singh said the interest rate at which bankers provide loan to microfinance institutions should be brought down so that more people can be brought under the ambit of microfinance.
Aug 30, 2018
Kerala floods to impact microlenders, general insurers, gold financiers: India Ratings reportIndia Ratings said apart from the MFIs, two-wheeler and consumer durables financiers will have to take severe haircuts, while the pain will be a bit lesser for agriculture loans, motor insurance and loans against property
Oct 19, 2015
Will not dilute mission when Ujjivan becomes a small finance bank, says founder Samit GhoshGhosh doesn’t believe that the entry of new set of banks will be the end of life for MFIs. Microlenders will survive partnering with the new set of banks
Apr 08, 2015
Mudra Bank has an obvious risk of endorsing shadow bankingGiven the lack of clarity in the set-up, the safest and simplest way probably was to build a financing model for small companies by permitting maximum number of small finance banks
Feb 02, 2015
Microlenders' new avatar as small banks can be a game changer for rural customersOnce micro-finance institutions become banks, they can tap public savings and lower their dependence on bank finance
Jan 23, 2015
RBI plans guidelines to protect consumer interests soonOn aligning fund raising requirement with new Companies Act, RBI executive director NS Vishwanathan said, in June 2013, RBI issued a circular saying that private placement norms applicable to non-NBFCs will be applicable to NBFC as well.
Oct 26, 2013
Pictures of MOGA's iPhone game controller leaked; sports Xbox-styled button layoutIt’s been some time since iOS 7 hit iPhones all over the world, and one of the most important additions in the update...