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NITI AAYOG MICROFINANCE
Guardrails for MFIs need to continueIn a recent advisory, Sa-Dhan, a key player in the microfinance arena, underscores the necessity of upholding lending standards for financi...- Sa-Dhan backs continued microfinance guardrails, suggests RBI steering panelSa-Dhan, a microfinance self-regulator, recommends maintaining lending guardrails for bottom-of-the-pyramid customers. These rules aim to p...
- Women borrowers hold Rs 76 lakh crore credit portfolio: ReportThe Aayog, in the report titled 'From Borrowers to Builders: Women and India's Evolving Credit Market', said that between December 2017 and...
- Digital divide turning into a multiplier with opportunities after CovidMastercard and Mann Deshi Foundation have partnered to empower 30,000 rural women entrepreneurs with access to business advisory services t...
- Over 34.42 cr beneficiaries get Rs 18.60 lakh cr loan under Mudra Yojana"It is noteworthy that more than 34.42 crore loan accounts amounting to Rs 18.60 lakh crore have been opened under the Scheme for the creat...
- Microfinance's contribution to India's GVA likely to grow: NCAERNCAER said the contribution of the microfinance sector is significant to the economy with all its forward and backward linkages and its pot...
- Biggest gainers & losers of the day: Ramky Infra rallies, Voda Idea drops 5%Many smallcap construction and engineering players including Ramky Infra, Patel Engineering and Karda Construction hit their upper circuits...
- India's 112 most under-developed districts becomes credit-worthyMicrofinance portfolio outstanding in 112 of such districts stood at Rs 28,737 crore at the end of June, compared with Rs 11,175 crore as j...
- Govt likely to allow co-op banks to lend under MSME Emergency Credit Guarantee SchemeUnder the Scheme, 100% guarantee coverage is to be provided by NCGTC for additional funding of up to Rs. three lakh crore to eligible MSMEs...
- Govt plans to create deposit-taking micro lending body for women, small businesses: GadkariSpeaking at an interaction with Ficci FLO, Gadkari said the government is mulling over the idea where the finance of up to Rs 10 lakh can b...
- Gadkari asks Amazon to handhold Indian MSMEs on its platformSpeaking of access to finance for micro units, Gadkari said that the government will look at formulating a policy to enable microfinance or...
- Day 1: FM Sitharaman unveils loan guarantees, liquidity infusionIncluding the measures announced by the government and the Reserve Bank of India earlier, the latest measures add up to Rs 12.88 lakh crore...
- How bankruptcy code can help fix India's agrarian crisisThe IBC’s ‘fresh start’ process provides a systematic manner of waiving debts overseen by a judicial body.
- View: India shoots wrong general in its lost war on cashRecent RBI data showed 99.3% of the currency made worthless was eventually returned to banks.
- After Market: 41 stocks set to fall, Nifty Bank hits record highRCom, Adani Power, PNB, Ashok Leyland and Vakrangee among most active stocks in terms of volume.
- Nobel laureate Yunus not in favour of privatisation of PSBs in IndiaThe Bangladesh-based champion of micro-finance did note, however, that ways have to be found to stop frauds in the banking sector.
- Fair Play: Niti Aayog launches a platform for women entrepreneurshipThe Women Entrepreneurship Platform (WEP) will act as a point of dissemination of information on existing government schemes and programmes...
- PM Modi likely to attend WEF Davos Summit; Shahrukh Khan, over 100 Indian CEOs may joinThe ministers whose names are being considered include Arun Jaitley, Suresh Prabhu, Piyush Goyal, Nitin Gadkari and Dharmendra Pradhan.
- 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...
- need2know: Six macro triggers that are likely to move the market todayKey macroeconomic data that are lined up are release of consumer price index (CPI) on Monday and inflation based on the wholesale price ind...
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