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RBI asks microlenders to monitor stress build-upThe Reserve Bank of India has urged microfinance institutions to monitor stress build-up on their books, noting lower disbursements in sout...- Microfinance institutions should refrain from reckless lending: DFS SecretaryMicrofinance institutions must avoid reckless lending to Self Help Groups and Joint Liability Groups, according to Financial Services Secre...
- NABARD projects credit potential of Assam at Rs 45,957 crore for the financial year 2024-25The credit seminar was held on Thursday in Guwahati. Of the total projected credit potential, as much as Rs 21529.00 crore is towards Agric...
- IIFL Finance raises stake in microfin arm IIFL Samasta to 99 pcIIFL Samasta is a microfinance institution that caters to the financial needs of women borrowers. It provides small-ticket microfinance loa...
- MFI loan portfolio stood at Rs 2,37,369 crores serving 5.68 crore unique borrowers: Infomerics ReportNBFC-MFIs were the second largest provider of micro-credit with a loan amount outstanding of ₹75021 crores, accounting for 31.61 per cent t...
- Assam: NABARD projects Rs 36,292 crore credit potential for FY22NABARD launched the State Focus Paper today for the financial year 2022-23 which is the consolidation of exploitable district wise realisti...
- SBI signs pact with three NBFC-MFIs for co-lending to joint liability groupsThe country's largest lender has signed the pact with Vedika Credit Capital Ltd (VCCL), Save Microfinance Pvt Ltd (SMPL) and Paisalo Digita...
- Odisha to provide Rs 1,040 crore credit to 7 lakh landless farmersAround seven lakh landless cultivators will be benefited from the programme in the next two years, they said. The decision in this regard w...
- Here's why SBI inks pact with Nabard and NGOsSBI is the first one to join hands with Nabard and its partner NGOs in West Bengal to promote JLG method of lending to farmers at 7% intere...
- Agriculture Minister Radha Mohan Singh hopeful of better growth this yearI am confident that the monsoon will be normal as forecast by IMD and crop production and agriculture growth rate will be higher than last ...
- Axis Bank forays into urban microfinance segmentThe lender plans to commence urban microfinance operations in 85 branches across Bengaluru, Chennai, Kolkata and Mumbai, in addition to Pun...
- NABARD disbursed Rs 665.43 crore for Assam in 2015-16National bank for agriculture &rural development (NABARD) has disbursed Rs 665.43 crore during 2015-16 for Assam.
- RBI asks banks to ease norms for individual borrowersRBI said it received complaints from borrowers as banks were refusing to grant loans without 'No Due Certificate', specially in rural & sem...
- RBI issues guidelines on loans to landless farmersIn the Union Budget 2014-15, it was declared that 5 lakh Joint Liability Groups (JLGs) of land-less farmers will be financed through NABARD...
- Jan Dhan Yojana: Many hurdles to be crossed to get the job doneThe Swabhiman rural banking scheme under the UPA had quickly degenerated into merely an account-opening exercise that no one really used.
- End-use data famine hits microcreditIf we go by the report, there is a need to change the mindset of people that see microcredit programmes as anti-poverty programmes.
- NABARD to stream micro credit through grass root groupsNABARD will pay greater focus on financing through JLs in Kerala as it is found more effective way of priority sector lending.
- Rallis, SBI to fund group farming projects on pulsesFarmers of Pudukkottai district in Tamil Nadu are going to be a part of a unique pilot project that aims to boost the cultivation of pulses...
- Rural UP can absorb Rs 51,388 crores of creditThe National Bank for Agriculture and Rural Development (NABARD) has estimated the potential for bank credit in the farm and non-farm secto...
- NABARD unveils financial assitance scheme for JLGsIn yet another bid to channel institutional credit to the country’s vulnerable sections -- Nabard has just unveiled a financial assistance ...
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