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MFIs in Karnataka may face fresh recovery challengesThe Karnataka government plans to introduce an ordinance to regulate microfinance recovery practices due to concerns over coercive loan rec...- Today's welfare measures aim to empower: Union Minister Nirmala SitharamanFinance Minister Nirmala Sitharaman inaugurated a dividend distribution program for Self-Help Groups (SHGs) under the Sri Kshetra Dharmasth...
- 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 The RBI has withdrawn certain benefits for such l...
- Schoolchildren break from class in traditional kuteerasGovernment primary schools in Karkala, Udupi, are now creating their own traditional breakout space - thatched-roof kuteeras or huts where ...
- Dharmasthala Trust & Selco to set up incubation centre in Dharwad to train FIs in clean tech lendingThe centre will start functioning from next month, and train financial institutions in India and overseas to help them introduce exclusive ...
- 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...
- 3 Indian outfits shortlisted for Ashden green energy awardThree Indian green energy pioneers have been shortlisted for the 2013 International Ashden Awards, moving a step closer to winning up to £4...
- Shri Kshethra Dharmasthala Rural Development Project wins Green OscarsAn Indian microfinance organisation has won two Green Oscars for helping poor people invest in renewable energy projects.
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