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RBI GUIDELINES ON MICROFINANCE
Will amend law to rein in microfinance companies: Karnataka CM SiddaramaiahKarnataka Chief Minister Siddaramaiah has announced the state's decision to amend existing money lending laws and introduce new legislation...25 Jan, 2025, 02.48 PM IST- RBI may act against more NBFCs to check obscure lending practices: Morgan StanleyThe Reserve Bank of India has ordered four Non-Banking Financial Companies, including two microfinance institutions, to stop new loan appro...18 Oct, 2024, 01.44 PM IST
- RBI's new bank-subsidiary norms to force realignments of businessThe RBI does not want banks to use step-down entities to circumvent norms that do not apply to them. Effectively, some subsidiaries may rem...15 Oct, 2024, 11.49 PM IST
- RBI cautions micro finance lenders against usurious interest ratesThe Reserve Bank of India (RBI) has warned lenders, particularly in the microfinance sector, against charging "usurious" interest rates by ...08 Jun, 2024, 09.36 AM IST
- Micro loan delivery slowed in April-May as lenders took time to adjust to new guidelinesLoan disbursements across segments had been robust during the second half of FY22 backed by gradual rise in economic activities and steady ...09 Jun, 2022, 01.28 PM IST
- RBI’s new guidelines to make microfinance strongerUnlike the earlier definition that distinguished between rural and urban, RBI has now set a common household limit of Rs 300,000 for loans ...04 Apr, 2022, 02.25 PM IST
- RBI aims to tackle microloan burden with new MFI rulesThis repayment threshold is part of a slew of proposals to revamp the regulations on microfinance, which are crucial to bringing the bottom...15 Jun, 2021, 07.18 AM IST
- SKS Microfinance raises Rs 538 crore through securitisation dealIn a BSE filing, SKS Microfinance said it has "completed seventh securitisation transaction during 2015-16 for a pool value of Rs 538.11 cr...19 Mar, 2016, 02.54 PM IST
- SKS Microfinance rallies for second straight day as RBI raises borrowing limitsSKS Microfinance Ltd continued its rally for second straight day and gained as much as 2.15 per cent in intraday trade on Wednesday.08 Apr, 2015, 03.59 PM IST
- Payment bank rules by month-end, telcos, India Post remain frontrunners: RBIInstead of having local area banks focussed on two or three districts, there are suggestions that there should be all-India small finance b...14 Nov, 2014, 06.45 AM 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
- MFIs want new RBI guidelines implemented in phasesMicrofinance companies have asked the RBI for 2 yrs' time to bring down cost & operate with a thinner 10% margin cap to comply with the new...12 Sep, 2012, 06.46 PM IST
- SKS Microfinance may approach RBI for bank licenceSKS Microfinance, which is passing through rough weathers, may approach the Reserve Bank for a banking licence, according to sources.04 Sep, 2011, 03.28 PM IST
- SKS Microfinance to levy 1% processing feeSKS Microfinance said it will charge a processing fee of 1% of the amount on all micro loans offered, to provide greater transparency in op...31 May, 2011, 10.25 PM IST
- RBI apprehensive on portfolio inflows, wants more FDIRBI Deputy Governor Shyamala Gopinath said India has been able to absorb capital inflows because it has a current account deficit.12 May, 2011, 12.32 PM 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
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