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NBFC MFI REGULATIONS
Assam govt tables legislation to exclude entities regulated by RBI from ambit of Assam Micro finance institution ActThe Assam government has introduced legislation to exclude entities regulated by the Reserve Bank of India (RBI) from the Assam Microfinanc...12 Sep, 2023, 05.54 PM IST- VFS Capital plans to expand portfolio to Rs 1500 crore, expand branch networkMD & CEO of VFS Capital Kuldip Maity said at an event in Kolkata on Friday night that the NBFC-MFI has 247 branches at present, and added t...25 Jun, 2022, 02.44 PM IST
- Cashpor and Sanghamithra to get NBFC-MFI license following RBI's new microfinance rulesThese are not-for-profit companies registered under Section 8 of the Companies Act, 2013. The RBI has withdrawn certain benefits for such l...22 Mar, 2022, 11.01 AM IST
- Bring not-for-profit microlenders under regulatory framework, says MFI bodyOut of its 250 odd members, only about 100 come under the purview of RBI, he said while speaking at the 5th Eastern India Microfinance Summ...18 Dec, 2019, 06.18 PM IST
- Microfinance limits raised, sector gets shot in the armRBI has raised the household income limit for availing micro loans while enhanced the lending limit to Rs 1.25 lakh per eligible borrower f...04 Oct, 2019, 04.50 PM IST
- Microfinance reaching less than 20% of potential household: Equifax’s Manu SehgalReaching to last mile borrowers is going to be the key to NBFC-MFIs future growth, holds Manu Sehgal, Business Development Leader, Equifax.18 Sep, 2019, 11.09 AM IST
- MUDRA Bill to be in Parliament in 6-12 months: Financial Services Secretary AdhiaThe MUDRA Bill will seek to create a financial institution for providing funding to 5.77 crore micro and small business entities engaged in...08 Apr, 2015, 03.52 PM IST
- MUDRA Bank can be positive for microfinance sector: ICRAAs per ICRA estimates, the MFI sector, including self- help groups (SHGs) and NBFC-MFIs, had a total portfolio of Rs 780 billion as on Sept...06 Mar, 2015, 02.33 PM IST
- NBFC-MFIs are distinct: MFIN"As institutions that primarily provide micro-credit to low income households, MFIs have a well defined role in the formal RBI regulated fi...30 Apr, 2013, 07.32 PM IST
- Budget 2013: FM offers an additional Rs 100 crore dose to help MFIs raise capitalThe government has lent another helping hand to microfinance companies by topping up a dedicated microfinance development fund with a fresh...28 Feb, 2013, 12.23 PM IST
- HC dismisses petitions against AP MFI Act, state unlikely to repeal ActThe AP state High Court on Monday dismissed MFIs' petitions challenging the AP Microfinance Act.11 Feb, 2013, 07.40 PM IST
- MFIs hope for better time ahead on regulatory clarityAfter reeling under a credit scarce situation and regulatory dilemma, the domestic microfinance industry is hopeful of steady progress.25 Dec, 2011, 12.14 PM IST
- RBI notifies separate NBFC category for MFIsRBI approved creation of a separate category of non-banking financial companies for the MFI sector and specified that such institutions nee...02 Dec, 2011, 09.18 PM IST
- Creation of low-income micro-lending NBFC clearedThe Reserve Bank of India has approved the creation of a separate category of specialised finance companies catering to low-income groups.26 Oct, 2011, 06.02 AM IST
- 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...30 Nov, 2010, 05.36 AM IST
- Bigger capital adequacy ratio to hit cosMFIs in the country are highly leveraged since they are dependent on borrowings. They may find it difficult to bring in additional capital ...18 Jun, 2008, 12.58 AM IST
- MNCs find guaranteed way past MFI normsGlobal investors in the microfinance sector constrained by the existing NBFC regulation have found an innovative way to get around these re...24 Oct, 2007, 03.57 AM IST
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