Searched for
AP MICROFINANCE INSTITUTIONS
Feet on the street: The golden rule of Microfinance“Microfinance" has steadily evolved from 1970s when organisations such as “Grameen Bank” of Bangladesh pioneered by Prof. Muhammad Yunus ga...
Microfinance industry is out of an unprecedent crisis, thanks to regulations, diligent borrowersAsset under management (outstanding loans or gross loan portfolio) fell Rs 3,000 crore to close at Rs 20,500 crore in 2011-12.
- HC dismisses petitions against AP MFI Act, state unlikely to repeal Act
The AP state High Court on Monday dismissed MFIs' petitions challenging the AP Microfinance Act.
- SKS Microfinance touches 52-week high
A favourable business outlook has led to an improved investor sentiment in the stock of SKS Microfinance since the past few months.
Rs 342 cr service tax notice slapped on SKS MicrofinanceThe service tax authorities served show cause notice asking it to cough up Rs 34.24 crore as tax, at a time when the company pruned losses.
- With an equity infusion, the worst appears to be over for SKS Microfinance
With 85% of its portfolio in Andhra Pradesh written off, the worst appears to be over for SKS Microfinance.
- SKS Microfinance barred from doing business in Andhra Pradesh's Mahabubnagar District
AP govt has cancelled the registration of SKS Microfinance to conduct business in Mahabubnagar District in the state for not following rule...
- India becomes member of CGAP
India has become a member of Consultative Group to Assist the Poor (CGAP), an international apex body for microfinance.
- Budget 2012: Microfinance Bill will help SKS recover Rs 800 cr in Andhra Pradesh
SKS said it will be able to collect up to Rs 800 crore from Andhra Pradesh loan portfolio if the Microfinance Bill is passed
- 10 million poor rural borrowers in AP may soon be labelled defaulters
Millions of rural poor borrowers in the state are running the risk of losing access to formal credit.
- SKS Microfinance may write-off entire Andhra Pradesh portfolio
Beleaguered Indian microfinance firm SKS Microfinance, which has recently decided to write off Rs 678 crore of loans.
- Microfinance institutions want to recast Andhra Pradesh loans, ready to halve rates to 15%
It was alleged earlier that microfinanciers were charging exorbitant rates of over 30 per cent, before the crisis started in AP last Octobe...
- Malegam report unlikely to end MFIs' woes in AP
Malegam may have submitted the report on microfinance regulations, but their agony won't just end, thanks to the Andhra Pradesh government ...
- Microfinance companies continue to face tough time in AP
Fresh lending by microfinance companies in Andhra Pradesh has virtually come to a standstill after the October 15 ordinance which was issue...
- Crisil downgrades 2 MFIs as bank credit dries up
Rating agency Crisil has downgraded two Andhra-based microfinance institutions, Spandana and Asmitha Microfin.
- Loan repayment periodicity: SKS may move court
SKS Microfinance on Tuesday hinted that it could move the courts if the AP notification prohibiting collection of loan repayments on a week...
- SKS Microfinance scrip tanks 5 pc on BSE
SKS Microfinance today tumbled after the Andhra Pradesh Police arrested three people working with it and another small lender Spandana.
- Police arrests staff of SKS & Spandana microfinance cos on harassment charge
The Andhra Pradesh Police on Friday said it has arrested three people working with SKS Microfinance and Spandana on a complaint of harassme...
- Bank resumes lending to MFIs
ICICI Bank has resumed lending to microfinance institutions under the partnership model, an activity it had suspended since January 2007.
- ICICI resumes lending to MFIs
ICICI Bank has resumed lending to microfinance institutions under the partnership model, an activity it had suspended since January 2007.