- Banks turn more receptive to MFIs; UBI sanctions Rs 100 crore loan to Bandhan Financial Services
Of the Rs 30,000 crore MFIs have borrowed from the banking system till date, this is perhaps the most precious Rs 100 crore ever.
Andhra crisis is now hurting MFIs' national interestThe recent SKS Microfinance results show Andhra Pradesh is a severe pain point for the sector. Neither banks nor the state government is ke...
- Microfinance struggles to restore its reputation
As the industry indulges in a bout of soul searching over what has gone wrong, some say microfinance is suffering, in part, from its own su...
- How top 3 Microfinance cos raised funds in the name of poor?
An ET investigation shows 45,000 women who were shareholders in the country’s top three microfinance companies have missed out on the benef...
- Small microfinance institutions fear for survival
A day after a central bank appointed committee submitted its report, small MFIs say the recommendations if accepted would wipe away their p...
- Microfinance Crisis: MFIs with sizeable presence in Andhra Pradesh on the brink of closure
If that's the plight of India's second largest MFI, Spandana, half of whose portfolio is locked in Andhra, how are smaller MFIs with an equ...
- Right to Education Act threatens existence of budget schools
The Right to Education (RTE) Act threatens the very existence of about 300,000 budget schools. Their fate now rests with the states.
- How to fix flaws in the present microfinance model
The flaws in the present microfinance model stand exposed. The next model will weave microfinance around livelihoods, and it's gaining trac...
- Indian microlenders face possible collapse: Rating agency
Microfinance Institutions Network or MFIN has said commercial bank loans to the sector are drying up and borrowers are reneging on their de...
- SMEs' credit rating model may be applied to smaller NBFCs too
The government will explore ways to facilitate easier credit rating of smaller finance companies is it looks to tighten the regulatory and ...