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MFI REGISTRATION REQUIREMENTS
Multibagger or IBC (Series: AA 125), Part 5: This company, at the right place at the right timeIn its 2017-18 annual report, this company stated: “The future belongs to Electric vehicles (EVs), and LEDs will be significantly efficient...- Series AA 125 - Part 2: Its DNA is about staying ahead; even in current market conditions, it is at 4X its IPO priceHere’s an excerpt from the 2017-18 annual report of an auto ancillary company: “The Company has secured orders in Europe for electric vehic...
- Karnataka MFI Ordinance: New law imposes tough conditions for MFIs to operate, coercive loan recover will invite fine, jail termThe Karnataka Government has enforced the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025, which manda...
- 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...
- RBI cancels registration of UP-based Margdarshak Financial Services over payment defaultsThe Reserve Bank of India (RBI) has cancelled the registration of Margdarshak Financial Services Ltd due to high net NPAs and defaults on r...
- Want to apply for business loan? Here is a checklist of documents you will needDifferent business needs have different requirements, but the documents to apply for a loan remain almost the same. To save time and reduce...
- Cashpor and Sanghamithra to get NBFC-MFI license following RBI's new microfinance rulesThese are not-for-profit companies registered under Section 8 of the Companies Act, 2013. The RBI has withdrawn certain benefits for such l...
- What Telangana's Stree Nidhi co-operative can teach India about low-cost creditMicrofinance, having been pioneered in Bangladesh, would find its zenith in Andhra Pradesh for a while as credit levels surged.
- PM Narendra Modi to launch MUDRA Bank tomorrowIt will also lay down "responsible financing practices" to ward off over indebtedness and ensure proper client protection.
- Reserve Bank of India introduces common registration form for various NBFCsAs per the existing norms the documentation required for registration also differs as the businesses of the various types of NBFCs vary.
- RBI's stance on pricing of credit is beneficial for MFIs: PH Ravikumar, SKS MicrofinanceRBI's stance on pricing of credit is beneficial for the sector because the earlier cap on lending at 26.55% was in an era when the interest...
- Government's heavy-handed regulation of microfinance will kill it and bring back moneylendersSince MFIs aren't banks and can't accept deposits, lending rates will be higher, compounded by administrative costs of delivery.
- Government likely to introduce Micro-Finance Bill in Budget SessionThe government is likely to introduce a Bill that seeks to make it mandatory for all micro-finance institutions to be registered with the R...
- Govt likely to introduce Micro-Finance Bill in Winter SessionThe draft Micro Financial Sector (Development and Regulation) Bill, 2011, was circulated for public comments in July this year.
- Andhra ordinance problematic for MFIs: Pres, Microfin Institutions NetworkVijay Mahajan, President, Microfinance Institutions Network speaks to ET Now to give a clearer picture of what the Andhra Pradesh govt ordi...
- Microfinance bill puts Nabard in regulatory seatA New microfinance law is underway, with the Union Cabinet on Friday clearing the bill despite an opposition from some official quarters ci...
- Credit Policy 2004: Full textStatement by Y Venugopal Reddy, Governor, Reserve Bank of India on Mid-term Review of Annual Policy for the year 2004-05.
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