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MFI ORDINANCE DRAFT
Goldman Sachs revises banking sector outlook, expects 10-12% credit growth, better profitability: Rahul JainGoldman Sachs has shifted its outlook on the Indian banking sector from cautious to optimistic, anticipating improved profitability driven ...- Karnataka governor clears ordinance to curb coercive micro-loan recoveriesGovernor Thaawarchand Gehlot approved the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025. The ordinan...
- Micro Finance: Karnataka Governor returns Ordinance, questions its need when there are other lawsGovernor Thaawarchand Gehlot returned the Karnataka Micro and Small Loan Ordinance, 2025, to the state government for clarification on six ...
- Karnataka: MFI Ordinance proposes 10-year jail for coercive recovery of loansThe proposed micro-finance ordinance aims to impose hefty fines and lengthy jail terms on micro-finance institution executives who use coer...
- Karnataka: Officials panel to vet MFI Ordinance draft to strengthen proposed lawA high-level meeting led by Chief Minister Siddaramaiah has decided to form a group of senior finance and law officers to review a draft Or...
- Past haunts MFI sector as standing committee rejects revamped BillWhen AP ordinance & subsequent law made it impossible for MFIs to operate in their mkt, industry hoped that passage of the Bill would resul...
- Why the Standing Committee on Finance rejected the MFI BillSince 2010, when the controversial Andhra Pradesh ordinance made it all but impossible for Microfinance Institutions (MFIs) to operate in t...
- Make MFI interest rates consistent with repayment capacity: C RangarajanMicro lending institutions should fix interest rates consistent with repaying capacity of borrowers, Prime Minister's Economic Advisory Cou...
- ET special: New journeys, new challenges as India's microfinance promoters sail into new lending areasTo stay afloat, India's microfinance promoters are sailing into new lending areas: from cycles and phones to gold and houses.
- Banks turn more receptive to MFIs; UBI sanctions Rs 100 crore loan to Bandhan Financial ServicesOf the Rs 30,000 crore MFIs have borrowed from the banking system till date, this is perhaps the most precious Rs 100 crore ever.
- Draft Microfinance Bill gives RBI total control and puts sector under strict watchThe government has proposed a regulatory framework for the microfinance industry that provides protection to the consumer, makes the RBI th...
- Microfinance Crisis: MFIs with sizeable presence in Andhra Pradesh on the brink of closureIf 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...
- Going grameen in a typical micro-Indian wayThe year 2010 was not good for Microfinance Institutions (MFIs). They entered the year on a high. Growth rates were dizzying. Players were ...
- We'll intervene to manage volatility: RBI Governor D SubbaraoRBI Governor D Subbarao has a mind of his own when it comes to writing the policy prescriptions even when economists would want him to toe ...
- Microfinance, macro problems?The microfinance market is booming, but it’s fuelling a lot of worries in the states and New Delhi.
- Andhra passes law to regulate MFIsTHE Andhra Pradesh government on Thursday approved a law that will regulate microfinance firms, or MFIs, complicating efforts to resolve th...
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