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MICROFINANCE INSTITUTIONS NETWORK
Those willing to look beyond the fog of war: 5 large-caps from different sectors with upside potential of up to 28%The news mix could not be more confusing. On the one hand, the US House voted to halt Trump’s Iran war, and Israel and Lebanon again agreed...- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIf the US-Iran ceasefire holds, the markets may see some recovery. The movement of crude oil prices and its impact on the markets supports ...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- As costs remain high, MFIs raise ratesMicrofinance lending rates are rising for the poorest borrowers. This is happening despite a government credit guarantee scheme designed to...
- Satin Creditcare’s SGAL secures SEBI nod for Rs 200 crore women-focused AIFSatin Growth Alternatives has secured SEBI approval to launch a ₹200 crore AIF focused on women-led businesses, aiming to drive inclusive g...
- MFIs better prepared to deal with disruptions due to rising COVID-19 cases: MFIN CEOOver the past year, microfinance institutions (MFIs) have streamlined their processes, trained field staff on COVID-appropriate behaviour a...
- Assam cabinet proposes to come up with a new act for microfinance institutionsAssam industry minister, Chandra Mohan Patowary after the cabinet meeting said, “New Act proposal for micro-financial institutions in line ...
- MFIs set to resume operations in orange, green zonesThe lenders have also agreed to extend the three-month moratorium provided by the RBI on term loans to borrowers, the statement said, addin...
- MFIN elects R Baskar Babu as new presidentBaskar Babu replaced previous president Manoj Nambia, managing director of Arohan Financial Services.
- MFIN plans more checks and balances to ward off any possible dangerAccording to initial estimates by MFIN, the sector has seen about 60% growth this fiscal, almost similar to what it had witnessed the fisca...
- MFIs' gross loan growth soars 69 per cent to Rs 42,106 crore in Q1MFIs saw a healthy 69 per cent growth in their gross loan portfolio at Rs 42,106 crore in the April-June quarter compared to that in the sa...
- Micro-lenders' advances jump 46% to Rs 13,260 crore in Q3The top 10 MFIs control 80 per cent of the market -- led by Bandhan -- which saw 59 per cent surge in disbursements, followed by SKS Microf...
- Micro finance industry's gross loan portfolio up 35 per cent in FY14NBFC-MFIs received total debt funding Rs 15,030 crore, 79 per cent from the banks and rest from other financial institutions (FIs).
- Microfinance Institutions Network welcomes RBI's guidelines for micro-finance industryRBI norms for self-regulatory organisations of NBFCs engaged in micro-finance would aid process of improved governance and grievance redres...
- MFIN welcomes RBI's guidelines for microfinance industryRBI norms for self-regulatory organisations of NBFCs engaged in micro-finance would aid the process of improved governance.
- Microfinance industry going all out to regain lost glory with women powerThe fairer sex is increasingly occupying the rank and file of recovery agents of lenders to the poor as the industry attempts to restore it...
- Microfinance companies continue to face tough time in APFresh lending by microfinance companies in Andhra Pradesh has virtually come to a standstill after the October 15 ordinance which was issue...
- 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...
- Cash strapped MFIs seek Rs 1,000 cr from banksThe Microfinance Institutions Network, a self-regulatory body of a clutch of 44 NBFC MFIs, has asked for Rs 1,000 crore in the form of busi...
- Banks may find it tough to ensure microfinance companies don’t charge high ratesBanks will have to put in place a mechanism to verify that microfinance institutes they finance do not charge exorbitant rates to the final...
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