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MFI BILL
MUDRA Bill to be in Parliament in 6-12 months: Financial Services Secretary AdhiaThe MUDRA Bill will seek to create a financial institution for providing funding to 5.77 crore micro and small business entities engaged in...08 Apr, 2015, 03.52 PM IST- TPG Capital to buy Janalakshmi Financial Services Ltd minority stake for Rs 610 crore“The valuation exercise and the exact stake which will be owned by TPG will be finalised soon,” one of the two persons said.13 Oct, 2014, 04.00 AM IST
- 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...19 Feb, 2014, 04.32 AM IST
- 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...18 Feb, 2014, 05.47 PM IST
- Budget 2013: FM offers an additional Rs 100 crore dose to help MFIs raise capitalThe government has lent another helping hand to microfinance companies by topping up a dedicated microfinance development fund with a fresh...28 Feb, 2013, 12.23 PM IST
- MFIs may challenge HC ruling; see 40 pc growth in FY 2013The Microfinance Institutions (Development and Regulation) Bill is expected to cover all MFIs, including the smaller ones.24 Feb, 2013, 04.43 PM IST
- HC dismisses petitions against AP MFI Act, state unlikely to repeal ActThe AP state High Court on Monday dismissed MFIs' petitions challenging the AP Microfinance Act.11 Feb, 2013, 07.40 PM IST
- Micro-finance institutions should explore the option of tapping capital markets: Arvind Mayaram"Micro-finance institutions need to explore the option of raising funds from the capital market and take advantage of the government scheme...28 Nov, 2012, 09.34 PM IST
- Microfinance sector will benefit from passage of MFI Bill: PH Ravikumar, SKS Microfinance"I look forward to the bill being passed because I would say that puts all major macro factors needed for the growth of the sector in place...20 Nov, 2012, 04.59 PM IST
- Budget 2012: Microfinance Bill will help SKS recover Rs 800 cr in Andhra PradeshSKS said it will be able to collect up to Rs 800 crore from Andhra Pradesh loan portfolio if the Microfinance Bill is passed16 Mar, 2012, 10.32 PM IST
- SKS to raise Rs 200 cr through securitisationThe country's only listed microfinance entity SKS Microfinance today said it plans to raise around Rs 200 crore through securitisation from...15 Mar, 2012, 01.19 PM IST
- Sidbi plans 20% higher credit support for MFIs this fiscalSIDBI has recently issued a detailed operational guidelines for MFIs and capped lending rates at 26% a year.16 Sep, 2011, 04.26 PM IST
- 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.29 Jul, 2011, 01.40 AM IST
- Draft Microfinance Institutions Bill completed, brings organisations under RBI purviewThe Bill defines microfinance services broadly - fin services in small amounts including microcredit, collection of thrift, remittances, pe...08 Jul, 2011, 07.30 AM IST
- SKS Microfinance surges on draft MFI BillShares of SKS Microfinance bounced back after falling over 7 per cent following a draft law to regulate microfinance industry.07 Jul, 2011, 11.35 AM IST
- 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...07 Jul, 2011, 10.36 AM IST
- New ordinance may hit Andhra MFIsThe Andhra Pradesh government is considering an ordinance that may make it very difficult for microfinance firms, (MFI), to recover loans f...13 Oct, 2010, 01.34 AM IST
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