Micro Finance-institutions

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Micro Finance-institutions - Total results - 5
Coronavirus Outbreak: Centre allows NBFCs, including HFCs and NBFC-MFIs to operate with minimum staff during lockdown
Business

Coronavirus Outbreak: Centre allows NBFCs, including HFCs and NBFC-MFIs to operate with minimum staff during lockdown

The government has allowed non-banking financial institutions (NBFCs), housing finance companies, and microfinance institutions to operate with bare minimum staff during the nationwide COVID-19 lockdown.

MUDRA can help create employment in Haryana, but the govt seems to be sleeping on the job
Business

MUDRA can help create employment in Haryana, but the govt seems to be sleeping on the job

The MUDRA scheme, launched under PMMY in 2015, provides low-interest loans to micro-finance institutions (MFIs) and non-banking financial institutions

Will not dilute mission when Ujjivan becomes a small finance bank, says founder Samit Ghosh
Business

Will not dilute mission when Ujjivan becomes a small finance bank, says founder Samit Ghosh

Ghosh 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

Microlenders' new avatar as small banks can be a game changer for rural customers
Business

Microlenders' new avatar as small banks can be a game changer for rural customers

Once micro-finance institutions become banks, they can tap public savings and lower their dependence on bank finance

87 pc of small borrowers unaware of interest rate: NCAER
Politics

87 pc of small borrowers unaware of interest rate: NCAER

A strong implication of this finding is the need to introduce greater transparency regarding interest charges of different loan sources, especially the MFIs, the study said.