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...
20 Apr, 2026, 01.01 AM IST
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...
15 Apr, 2026, 11.55 PM IST
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...
16 Apr, 2021, 10.23 PM IST
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 ...
13 Dec, 2020, 07.09 PM IST
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...
04 May, 2020, 05.05 PM IST
MFIN elects R Baskar Babu as new presidentBaskar Babu replaced previous president Manoj Nambia, managing director of Arohan Financial Services.
04 Jul, 2016, 04.37 PM IST
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...
04 Apr, 2016, 05.37 PM IST
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...
30 Aug, 2015, 11.45 AM IST
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...
27 Feb, 2015, 08.07 PM IST
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).
30 May, 2014, 03.32 PM IST
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...
28 Nov, 2013, 09.13 PM IST
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.
28 Nov, 2013, 07.44 PM IST
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...
08 Dec, 2011, 09.19 AM IST
- Microfinance companies continue to face tough time in AP
Fresh lending by microfinance companies in Andhra Pradesh has virtually come to a standstill after the October 15 ordinance which was issue...
05 Jan, 2011, 10.55 PM IST
- Andhra ordinance problematic for MFIs: Pres, Microfin Institutions Network
Vijay Mahajan, President, Microfinance Institutions Network speaks to ET Now to give a clearer picture of what the Andhra Pradesh govt ordi...
10 Dec, 2010, 03.10 PM IST
- Cash strapped MFIs seek Rs 1,000 cr from banks
The 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...
13 Nov, 2010, 04.36 AM IST
- Banks may find it tough to ensure microfinance companies don’t charge high rates
Banks will have to put in place a mechanism to verify that microfinance institutes they finance do not charge exorbitant rates to the final...
21 Sep, 2010, 03.26 AM IST