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RBI wants MFIs to expand product baseThe Reserve Bank of India is urging microfinance companies to diversify their lending beyond traditional group-based loans. Officials recom...- MFI body seeks greater penetration of credit flow for growthMicrofinance institutions in West Bengal need more credit to reach the bottom of the pyramid. Currently, only one-third of the target segme...
- MFIs seek easier credit rating rules as they gasp for bank loansMicrofinance institutions with portfolios under Rs 500 crore sought relaxed credit rating rules from banks to secure loans for growth. They...
- Microfin lenders mull dedicated special-purpose funding bodyMicrofinance lenders in India are considering setting up a dedicated funding institution to provide a consistent stream of long-term financ...
- Indian microfinance sector seeks a dedicated funding institution in line with Bangladesh modelThe small and medium-sized microfinance lenders more than often struggle to mobilise funds while banks are generally more liberal in openin...
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