Proptech startup Helium raise Rs 5 crore from Kunal Shah, Albinder Dhindsa, othersThe startup will use the fresh funds for product development and marketing. The tech-led real estate rental management startup leases homes...
15 Apr, 2026, 08.21 AM IST
RBI data shows credit to industry rises 13.5 per cent in FebruaryBank credit to industry saw a significant jump. Growth accelerated to 13.5 percent by February 28. This is a notable increase from 7.5 perc...
30 Mar, 2026, 05.56 PM IST
RBI lifts ban on NBFCs Asirvad Micro Finance and DMI FinanceThe Reserve Bank of India lifted restrictions on Asirvad Micro Finance and DMI Finance. These restrictions had been imposed in October 2024...
08 Jan, 2025, 06.40 PM IST
NBFCs seek priority tag extension for agri, MSME on-lendingThe scheme made bank credit to registered NBFCs (other than micro-finance institutions) for on-lending to agriculture and MSME sectors up t...
28 Apr, 2022, 06.38 AM 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 The RBI has withdrawn certain benefits for such l...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
MSME registration now allowed for wholesalers, retailers: RBI to banksThe Ministry of Micro, Small and Medium Enterprises through an office memorandum had said that retail and wholesale trade would be classifi...
08 Jul, 2021, 10.23 AM IST
Relief for MSME borrowers, get temporary loan-repayment breatherIt has been decided that the exposure of banks and NBFCs to a borrower classified as an MSME under the MSMED Act, 2006, shall continue to b...
06 Jun, 2018, 03.32 PM IST
RBI keeps lending rate ceiling for MFIs unchanged at 27.75% for second quarterThis will be the highest rate MFIs can charge to their borrowers in the next quarter. They may have to charge less if their cost of funds i...
30 Jun, 2014, 06.00 PM IST
RBI caps lending rate for MFIs at 27.75% for June quarterReserve Bank of India has capped lending rate for micro finance companies at 27.75% for the April to June quarter.
29 Mar, 2014, 02.31 AM IST
RBI removes 26% interest rate cap on MFI loansReserve Bank of India has removed the 26% interest rate cap on loans given by microfinance institutions regulated by it.
08 Feb, 2014, 03.38 AM IST
- RBI, Andhra Pradesh government in a spat over microfinance bill
RBI has challenged AP's right to regulate microfinance firms registered with it as NBFCs, drawing a sharp retort from the state government.
30 Jul, 2012, 01.30 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
- RBI allows micro finance institutions to raise $10 mn through ECBs
RBI today allowed MFIs to raise up to USD 10 mn through ECBs, as against the earlier limit of USD 5 million, a move that will widen their f...
19 Dec, 2011, 08.35 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 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
- MSMEs report rise in turnover, says CII survey
Micro, small and medium enterprises (MSMEs) have reported increase in production, demand and overall turnover for the quarter ended Septemb...
12 Oct, 2009, 01.31 AM IST
- Rural loans still cost the earth
Lending to the poorer section of the society is still an expensive proposition.
15 Jul, 2006, 02.23 AM IST