Coronavirus Outbreak: Sa-Dhan urges PM for extension of loan moratorium benefits to MFI industry
• 5 years agoMicrofinance lenders' umbrella body Sa-Dhan has urged Prime Minister Narendra Modi for an extension of the loan moratorium benefits to the MFI industry in a bid to help small-ticket borrowers, who are at the risk of being pushed into extreme hardships
Micro lenders looks towards normalcy in Assam as protests against CAB cause delay in loan repayment
• 5 years agoMicrofinance institutions which have started witnessing delay in loan repayment in Assam following the outbreak of protests against the new citizenship law are keeping their fingers crossed for a stability in their operations, industry insiders said
Economy to start looking up in days ahead, says Nirmala Sitharaman; private banks, financial institutions not facing any liquidity problem
Fp Staff • 5 years agoNirmala Sitharaman said that she had not heard of any liquidity problem after meeting with private banks, MFs, NBFCs and small finance banks
Mudra loans: NPAs may have doubled in a year, but it is not a reason to worry yet
Vivek • 6 years agoIt would help if both the Mudra agency and the Ministry of Finance put out regular and detailed data regarding Mudra bad loans.
Microfinance institutions' loan portfolio up 47% in FY18 to Rs 68,789 cr: Report
• 6 years agoReleasing 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.
Kerala floods to impact microlenders, general insurers, gold financiers: India Ratings report
• 7 years agoIndia 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
Small banks mark the biggest banking revolution in India since nationalisation
Dinesh Unnikrishnan123 • 9 years agoConsidering the dominance of MFIs in the final list, the RBI clearly wants microlenders to take up a bigger role in taking banking to the rural poor.
Budget 2015: Jaitley's big push to start-ups but industry remains sceptical
Deepti Chaudhary123 • 10 years agoFarm debt waiver: RBI seeks info on beneficiaries, money to MFIs
Fp Archives • 12 years agoBI has asked banks to provide information in tabular form with regard to ineligible beneficiaries, the eligible beneficiaries who were denied loans, money given to microfinance institutions, tampering of records and cases where relief certificates were not issued.
As RBI turns the other way, Andhra govt now seeks donations for loan waiver
Fp Archives • 10 years agoA staggering Rs 40,000 crore is required for the loan waiver schemes for farmers and also women self-help groups.