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MICROFINANCE DEVELOPMENT CO
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...- 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...
- TVS, other investors keen to buy into Jana Small Finance BankJana Small Finance Bank is poised for a significant capital infusion. TVS Venu Group plans to acquire a 10% stake. Several other investors ...
- Banking panel to tackle PSUs' balance sheet constraints, boost capital use: DFS Secretary M NagarajuA new committee will examine public sector banks' capital needs. India aims to boost its corporate bond market, allowing more companies acc...
- SFIO widens probe into IndusInd Bank; summons audit firms over ₹2,000 crore derivatives irregularitiesThe Serious Fraud Investigation Office is investigating IndusInd Bank's derivatives portfolio. Major audit firms associated with the bank o...
- Piyush Goyal meets Zepto CEO Aadit Palicha, discusses skilling, innovation and supply chainsTaking to the social media platform X, Goyal shared details of the meeting, highlighting discussions around youth and entrepreneurship. "A ...
- Banks express no 'stress' as govt directs close monitoring of lending by MFI segmentThe Indian government has advised public sector banks to exercise caution in microfinance lending, particularly through co-lending with sha...
- Pahal receives $12 million investment from DFC for rural financial inclusionBased in Ahmedabad, Pahal is registered with the Reserve Bank of India as a Non-Banking Financial Company that provides microfinance servic...
- Warburg-backed Fusion Microfin's public issue to open on Nov 2Those selling shares in the OFS are - Devesh Sachdev, Mini Sachdev, Honey Rose Investment, Creation Investments Fusion, LLC, Oikocredit Ecu...
- Jiji Mammen joins Sa-Dhan following sudden demise of P Satish, HP Singh elected as chairmanSa-Dhan has appointed Jiji Mammen as its executive director & chief executive. Mammen took over the charge from June 17 as the position bec...
- Sachin Bansal in talks to put microfinance firm in cart, may become chief executiveSachin Bansal is expected to buy up to 75% stake in Chaitanya Rural Intermediation Development Services.
- Chennai-based Equitas Finance plans IPO, looks to raise up to Rs 1,500 croreThis will still be lower than the SKS Microfinance IPO in 2010 that raised Rs 1,654 crore.
- Utkarsh raises $21 million from Lok Capital, Commonwealth Development CorporationVaranasi-based microfinance institution Utkarsh has raised $21 million (Rs 132 crore) in a fresh round of funding from Lok Capital and Comm...
- Norwegian Microfinance Initiative, IRIF invest Rs 25 crore in Fusion MicrofinanceNorwegian Microfinance Initiative, IRIF invest Rs 25 cr second round of fund raising by Fusion Microfinance Pvt Ltd.
- 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...
- Don't club us with MFIs, NBFCs to tell Malegam panelThe Finance Industry Development Council has sought a meeting with the Malegam Committee to move the point that NBFCs are different from mi...
- Matsyafed earns Rs 15.46 cr netThe Kerala State Co-operative Federation for Fisheries Development (Matsyafed) has clocked a net profit of Rs 15.46 crore for 2009-10, its ...
- DCB to make microfinance debut, eyes co-op bankThe microfinance sector, which is on the radar of private equity investors, is now ripe for new entrants too.
- 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...
- Microfin may come under Nabard's ruleThe National Bank for Agriculture and Rural Development (Nabard) is likely to get powers to regulate microfinance institutions (MFIs) in th...
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