Investors raise stakes in India's microfinance sector despite stress during lockdownThe capital infusion during lockdown is positive for the country's microfinance sector.
01 Jun, 2020, 09.14 PM IST
Satya MicroCapital, Sindhuja Microcredit raise Rs 170 crore from global investorsSatya MicroCapital started its operations in January 2017 and has a network of 150 branches in 22 states. It primarily caters to women who ...
01 Jun, 2020, 04.33 PM IST
MFI industry hopes repayments to start from JuneThe government had announced a special liquidity support of Rs 30,000 crore with its guarantee, and the Rs 45,000 crore partial credit guar...
15 May, 2020, 01.33 PM IST
Only dozen-odd MFIs can gain from RBI's special liquidity windowast April 17, the central bank announced a Rs 50,000-crore focused liquidity injection.
21 Apr, 2020, 02.15 PM IST
MFIs reporting loan data daily to prevent defaultMFIs are moving to daily reporting of loan data to credit information cos to prevent defaults.
13 Feb, 2020, 10.19 AM IST
Former RBI deputy governor appointed as chairman of MFI panelMembers of the steering committee include Harsh Shrivastava of MFIN, P Satish of Sa-Dhan, Srinivas Bonam of IndusInd Bank and Sonia Krishna...
29 Nov, 2019, 11.37 AM IST
Microfinance industry posts 38 per cent growth in 2018-19The total number of microfinance accounts was 9.33 crore at the end of March 2019, showing a growth of 21.9 per cent, said Microfinance Ins...
03 Jun, 2019, 06.42 PM IST
MFI loan book growth hits 43% at Rs 1.66 trn in Q3Total number of microfinance accounts were at 8.91 crore as of December 2018, showing a growth of 24.3 per cent.
25 Feb, 2019, 09.10 PM IST
MFIs kick off common securtisation plan with Rs 79 crore dealThe size of the deal was Rs 79 crore with 11 NBFC-MFIs participating in it, of which six participated in a securitisation transaction for t...
16 Jan, 2019, 04.48 PM IST
Microfinance industry clocks over 50% growth in Q2Of the total, Non-Banking Finance Company-Microfinance Institutions accounted for significant chunk.
03 Dec, 2018, 08.11 PM IST
NBFC-MFIs post over 50 per cent year-on-year growth in Q1 FY19Overall microfinance industry has grown by 39 per cent year-on-year in April-June quarter of the fiscal and total size of the microfinance ...
30 Aug, 2018, 07.58 PM IST
My Child App raises Seed round led by 500 startupsMy Child App was founded by three college dropouts- Harsh Songra, Aafreen Ansari, and Shreya Shrivastava.
06 Jan, 2016, 07.35 PM IST
NDMC launches initiatives as part of Swachh Bharat campaignNDMC officials said the idea was taken from Bollywood movie 'Lage Raho Munnabhai' and thus the event was called 'Gandhigiri'.
28 Sep, 2014, 01.51 PM IST
Narendra Modi takes ‘personal’ interest in nixing nepotism; circular regarding appointment of personal staff issuedThe day Prime Minister Narendra Modi and his council of ministers took oath of office, government offices in Delhi were issued a circular
29 May, 2014, 04.13 AM IST
- Government appoints H K Bhanwala as Chairman of NABARD
The government has appointed Harsh Kumar Bhanwala as Chairman of the National Bank for Agriculture and Rural Development (Nabard).
15 Dec, 2013, 12.10 PM IST
- Road projects face further delays on rising input cost
Rising crude, bitumen and steel prices may again delay awarding of road projects under the National Highway Development Programme (NHDP).
24 Jun, 2008, 01.33 AM IST
- Whose civic body is it anyway?
Large developers of special economic zones (SEZ) may have a problem at hand. With huge number of people expected to live in the proposed zo...
31 May, 2006, 12.43 AM IST