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SIDBI MICROFINANCE
FM asks lenders to go beyond standard loans, design credit repayments around biz cyclesFinance Minister Nirmala Sitharaman has called on banks to move beyond standard loan products. She emphasized the need for repayment struct...- Sidbi to revamp India Microfinance Equity FundThe Small Industries Development Bank of India (Sidbi) is working on revamping the India Microfinance Equity Fund (IMEF), which failed to t...
- Sidbi's India Microfinance Equity Fund doesn't find many takersSeveral NBFC-MFIs found the clauses attached for taking the funding support from Sidbi quite stringent. They believe the clauses may create...
- Sidbi likely to revamp microfinance equity fund schemeThe Microfinance Institutions Network (MFIN) is in talks with Sidbi to revamp the fund, MFIN chief executive Alok Misra said.Misra said tha...
- MFIs pitch for issuance of tax free social bonds by NABARD, SIDBIIn a pre-Budget memorandum to the Finance Ministry, Sa-Dhan, the association of microfinance sector, also made a case for introduction of c...
- Liquidity tap opens for micro lenders and housing finance companiesThe two key refinanciers with specific mandates are granting loans from the Covid-special refinance window opened by the RBI, raising hopes...
- Top 10 states have 83% penetration of outstanding loan portfolio: Equifax-SIDBIThe report, while noting that 40% of NBFC-MFIs have the highest number of unique live customers, adds that average ticket size per loan has...
- RBI allows Sidbi to use an existing Rs 1000-crore corpus for lending to MFIsSidbi is providing fund to Cashfor at 8% rate while it on lends at 16.98%. SKDRDP is getting fund at 5% and on lending to micro borrowers a...
- Incofin, SIDBI Venture to offload investments in Annapurna FinanceIncofin has about 4.13 per cent stake and the sale of the shares will fetch it about Rs 30 crore.
- Sidbi to invest Rs 2 crore in Uttrayan Financial Services"We have received Sidbi's approval and are expecting the investment to come in in next month. The fund will help us to grow business aggres...
- SIDBI disburses Rs 3,337 crore in 2015-16In order to fulfill the mandate of "Stand-up India" Scheme, Small Industries Development Bank of India (SIDBI) developed a web-portal," its...
- Microfinance institutions get a boost from development fundsAfter the SKS Microfinance fiasco, major funds may have shunned the sector but smaller funds are coming forward to invest.
- SIDBI launches India Microfinance platformSIDBI launched India Microfinance Platform, a portal which gives a comprehensive information about microfinance players in the country.
- Budget 2013: FM poposes to raise SIDBI corpus by Rs 100 croreThe announcement may disappoint the industry, which was expecting it to raise the fund's capital to Rs 500 crore during Budget.
- Get code of conduct rated by a third-party in parallel to credit ratings to avail loans: Sidbi to MFIsA clutch of lenders, led by Sidbi, has handed out a list of loan covenants to microfinance companies willing to borrow from them.
- Sidbi to complete allocation of Rs 100-crore MFI equity fund by JuneThe government has created the Rs 100-crore dedicated corpus for investing in equities or quasi-equities of smaller microfinance companies ...
- Sidbi offers Rs 30 crore support to microfinance companiesSidbi has committed 30% of its Rs 100-crore microfinance development fund to some of the country’s poorest microfinance companies
- Sidbi lends Rs 100 crore to SKS Microfinance with strings attachedSidbi has put a condition that the troubled MFI will have to use the resource for on-lending to the poor outside Andhra, and especially in ...
- SIDBI gets 36 mn pound from UK fundThe fund will be used for developing skillsets of rural producers and artisans.
- MFI's to play a significant role in credit delivery to the poorIf the RBI governor's remarks are any indication, MFIs here are going to play an significant role in credit delivery to the poor in the reg...
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