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JIJI MAMMEN
MFIs bounce back after 7 quarters of contraction and write-offsIndia's microfinance sector shows a strong rebound. The loan portfolio expanded significantly in the March quarter. This marks a recovery a...- Microfinance sector returns to growth after 11 quarters of contraction, loan portfolio rises 5.3%The microfinance sector has turned a corner, showing growth in the January-March period. This follows a period of contraction and write-off...
- Microfinance companies fail to get budget-day wish, hope to bask in others' sunlightBudget 2026: The microfinance sector did not receive budget credit guarantee support. However, it anticipates that proposals aimed at incre...
- NBFCs, NBFC-MFIs contribute 86 pc of microfinance client base: ReportNBFCs and NBFC-MFIs are central to India's microfinance sector. They serve most clients and hold the largest loan portfolio. This sector is...
- Sa-Dhan joins hands with IIBF to develop a certification course in microfinance sectorSa-Dhan has partnered with the Indian Institute of Banking & Finance (IIBF) to create a certification course for job seekers in the microfi...
- 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...
- Microfinance industry grows 26% year-on-year to Rs 3.24 lakh crore by December endThe massive jump in their gross portfolio cemented NBFC-MFIs' dominance in the sector with 38.5% market share. Only three months back, NBFC...
- Jiji Mammen joins Sa-Dhan following sudden demise of P Satish, HP Singh elected as chairmanSa-Dhan has appointed Jiji Mammen as its executive director & chief executive. Mammen took over the charge from June 17 as the position bec...
- Nabard disburses Rs 20,500 crore to coop banks, RRBsThis amount, is part of the Rs 25,000 crore of special refinance facility provided by the Reserve Bank of India (RBI) to Nabard for refinan...
- MUDRA loan disbursals take a hit due to demonetisationThe agency was established by the Modi Government with an initial corpus of Rs 5,000 crore to provide capital to all banks seeking refinanc...
- Banks likely to disburse Rs 1.80l cr under MUDRA in FY17MUDRA is in the process of coming up with a user-friendly website for entrepreneurs seeking loans.
- MUDRA Bank invests Rs 50 crore in securitisation deal with Janalakshmi Financial ServicesIts chief executive Jiji Mammen told ET that the newly formed refinancing bank was trying out new instruments to help MSMEs access capital ...
- MUDRA Bank invests Rs 50 crore in a securitisation deal with JanalakshmiThis marks MUDRA's first ever participation in a capital market deal as the MSME (micro, small and medium enterprises) loan facilitator loo...
- Mudra Bank refinances Rs 1,500 crore to micro unitsDuring this fiscal, disbursement target is Rs 1.22 lakh crore, he told reporters on the sidelines of the Eastern India Micro-finance summit...
- Mudra Bank may miss loans target amid weak demandIn the first six months MUDRA has sanctioned Rs 1000 crore under the refinancing scheme and tied up additional Rs 600 crore with a few bank...
- 'Rs 24,000-crore loans disbursed under Mudra Yojana'The total credit disbursed to millions of small entrepreneurs across the country under the Centre's ambitious Pradhan Mantri MUDRA Yojana s...
- IDBI Bank signs refinance agreement with Mudra Bank for PMMYState-run IDBI Bank today said it has signed an agreement with Mudra Bank for refinancing of loans given to small enterprises.
- Nabard pegs priority credit for Telangana at Rs 48,000 crore in FY16The estimates include crop loans at Rs 25,780 crore, agriculture term loans at Rs 9,400 crore and loans to MSMEs at Rs 5,554 crore.
- 'Aadhar to be a game changer for beneficiary schemes''Aadhar' will be a game changer for not only transferring subsidy to be bank accounts of beneficiaries of various schemes but also for purv...
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