Biden names Indian-American Sameera Fazili as Deputy Director of National Economic CouncilFazili is currently the Economic Agency lead on the Biden-Harris Transition. She was earlier posted at the Federal Reserve Bank of Atlanta ...
16 Jan, 2021, 12.12 PM IST
HR Khan to take charge of microfinance code from DecemberMFIN wanted a heavyweight for this CRL project, which is a self-regulatory step for a diverse set of lenders engaged in microfinance such a...
29 Nov, 2019, 08.05 PM IST
Microfinance to double lending in 5 years: Muhammad YunusThe industry grew at over 40% in FY2019 with its loan portfolio reaching Rs 178,552 crore at the end of March 2019, according to the Sa-Dha...
17 Sep, 2019, 06.54 AM IST
MFIN insists all micro lenders to sign common microfinance codeMACC has been in vogue for over a year while it could not be implemented since several banks and small finance banks are not signatories to...
01 Nov, 2018, 09.54 PM IST
Shamika Ravi to be appointed as member of PM economic panel"The Prime Minister's Office (PMO) has cleared the appointment of Ravi as part-time member of the EAC-PM," a senior government official tol...
04 Nov, 2017, 12.50 PM IST
Microfinance firms stop lending in UP on loan waiver rumoursMicrofinance companies across the country have seen a dip in lending post November 8 when Prime Minister Narendra Modi announced demonetisa...
30 Nov, 2016, 12.04 AM IST
- Microfinance institutions struggle for funds as banks raise lending rates
MFI, especially small and mid-sized companies, are expected to struggle to get funds for lending even if the regulatory environment clears ...
29 Jun, 2012, 07.10 PM IST
- Cabinet defers decision on insurance bill changes
The cabinet approved the micro finance bill that will make the Reserve Bank of India sector regulator with powers to set interest rates and...
11 May, 2012, 04.17 AM IST
- Government likely to introduce Micro-Finance Bill in Budget Session
The government is likely to introduce a Bill that seeks to make it mandatory for all micro-finance institutions to be registered with the R...
26 Jan, 2012, 02.51 PM IST
- Govt likely to introduce Micro-Finance Bill in Winter Session
The draft Micro Financial Sector (Development and Regulation) Bill, 2011, was circulated for public comments in July this year.
03 Nov, 2011, 03.56 PM IST
- Draft Microfinance Institutions Bill completed, brings organisations under RBI purview
The Bill defines microfinance services broadly - fin services in small amounts including microcredit, collection of thrift, remittances, pe...
08 Jul, 2011, 07.30 AM IST
Draft Microfinance Bill gives RBI total control and puts sector under strict watchThe government has proposed a regulatory framework for the microfinance industry that provides protection to the consumer, makes the RBI th...
07 Jul, 2011, 10.36 AM IST
- Don't club us with MFIs, NBFCs to tell Malegam panel
The Finance Industry Development Council has sought a meeting with the Malegam Committee to move the point that NBFCs are different from mi...
30 Nov, 2010, 05.36 AM IST
- ‘Catamaran’s investment in SKS was to help poor’
Mr Narayana Murthy, founder of Infosys Technologies, whose Catamaran fund bought shares in SKS Microfinance ahead of the initial public off...
27 Oct, 2010, 12.00 AM IST
- Two Rs 500-cr funds to ensure credit flows to poor
The government on Tuesday said it will set up two funds, each of Rs 500 crore, to ensure easy credit availability to the poor. I
10 Oct, 2007, 01.55 AM IST
- Govt to set up 2 funds on microfinance
The government on Tuesday said it will set up two funds of Rs 500 crore each to facilitate easy credit availability to the poor.
09 Oct, 2007, 01.14 PM IST
- Microfinance bill puts Nabard in regulatory seat
A New microfinance law is underway, with the Union Cabinet on Friday clearing the bill despite an opposition from some official quarters ci...
26 Feb, 2007, 03.32 AM IST