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MFIS SECTOR ISSUES
MFIs must promote loan repayment digitally, focus on cybersecurity & resilient IT infra: DFS secyFinancial Services Secretary M Nagaraju encourages microfinance institutions to promote digital loan repayment and enhance cybersecurity. D...08 Jan, 2025, 10.40 PM IST- Is the market share growth in NBFCs and MFIs vis-a-vis banks sustainable? Gaurav Dixit answers"The ticket size, which used to be about Rs 30,000 maybe two to three years back, has now inched to about Rs 40,000-42,000 for FY23. In add...25 Aug, 2023, 02.06 PM IST
- Industry groups to be self regulatory bodies for NBFC-MFIs: RBIRBI decided to accord recognition to industry associations as self regulatory organisations of non-banking financial companies that are eng...26 Nov, 2013, 09.51 PM IST
- RBI guidelines on MFI sector a positive: CRISILThe Reserve Bank's recent guidelines on the MFI sector will prove to be a positive and structurally strengthen it over the long run, rating...07 Dec, 2011, 11.08 PM IST
- Private equity open taps for microfin againEquity deals worth $62 mn took place in the last 3-4 mths as investors are lured by the growth prospect of the MFI business29 Sep, 2011, 07.26 AM 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
- RBI rejects banks' plea to recast part of MFI exposureBanks keen to rejig securitised paper they had bought from microfinance institutions.20 May, 2011, 05.05 AM IST
- MFIs cannot charge more than 26% interest: RBIRBI has capped interest rates charged by MFIs from small borrowers at 26%, but opened for them the bank credit line which was curtailed in ...03 May, 2011, 07.54 PM IST
- Law to regulate micro finance institutions unlikelyThe government may not bring in a law to regulate MFIs in the country, as a panel appointed by the Reserve Bank of India has already propos...21 Jan, 2011, 06.40 AM IST
- MFIs get minor reprieve as RBI opens fund tapThe Reserve Bank of India has given a small reprieve to bank lending to the troubled microfinance institutions, though temporarily . This m...20 Jan, 2011, 07.08 AM IST
- Issues for the Malegam CommitteeThe committee must assert that for-profit MFIs have served a useful social purpose the world over, and need a place in the Indian financial...08 Dec, 2010, 07.33 AM IST
- SKS wilts under pressure, wrong move to cap interest ratesA cap is not the answer to lower interest rates. It will only dampen the supply of microfinance and force the poor to turn to money lenders.11 Nov, 2010, 04.09 AM IST
- RBI panel report on MFIs loan recovery mechanism by JanAmid sharp criticism of MFIs on using coercive methods for loan recovery, the Reserve Bank today said that its sub-committee will submit a ...02 Nov, 2010, 03.51 PM IST
- MFIs look beyond banks, explore other ways to meet credit needA number of micro lenders, especially small sized, are facing credit crisis as state-run as well as some private sector banks are not lendi...28 Oct, 2010, 05.28 PM IST
- RBI puts microfinance players on noticeEarlier this year, the RBI had told banks to make sure that loans they advance to MFIs are on-lent at rates prescribed by the Reserve Bank ...16 Oct, 2010, 01.55 AM IST
- RBI forms a panel to examine functioning of MFIsRBI today announced constitution of a sub-committee to look into the functioning of Micro Finance Institutions (MFIs), as they have drawn f...15 Oct, 2010, 04.12 PM IST
- Foreign investors dial microfinance in IndiaAbout 15 international and national investors will set up shop at the conference to interact with the MFIs, scheduled next week.05 Oct, 2007, 12.40 AM IST
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