Government unveils Rs 20000 crore credit guarantee plan for MFIsThe government has announced an ambitious Rs 20,000 crore credit guarantee scheme targeting microfinance institutions, a lifeline for those...
21 Mar, 2026, 01.11 AM IST
Government plans credit guarantee scheme to ease MFI stressThe scheme would encourage banks to lend to microfinance institutions (MFIs), especially the smaller ones, which are facing liquidity crunc...
17 Dec, 2025, 12.31 AM IST
Boost financial inclusion with fair rates: DFS Secy to MFIsMicrofinance institutions are urged to maintain fair interest rates. The Department of Financial Services secretary expressed concern over ...
14 Nov, 2025, 12.11 AM IST
MFIs must promote loan repayment digitally, focus on cybersecurity & resilient IT infra: DFS secyFinancial Services Secretary M Nagaraju encourages microfinance institutions to promote digital loan repayment and enhance cybersecurity. D...
08 Jan, 2025, 10.40 PM IST
MFI industry seeks higher credit guarantee scheme in budget 2022In the budget representation to the ministry, the self regulatory body (SRO) of MFIs said the sector is facing a few challenges in terms of...
18 Jan, 2022, 05.12 PM IST
MFI body Sa-Dhan writes to FM seeking Rs 7,500 crores towards Credit Guarantee Scheme“We would like to take this opportunity to request you to approve an additional amount of Rs 7500 crores for the Credit Guarantee Scheme fo...
05 Oct, 2021, 03.44 PM IST
NBFC-MFIs to begin fresh lending only after expiry of moratoriumThe total estimated collective disbursements by NBFC-MFIs up to September could merely be Rs 2,884 crore, Microfinance Institutions Network...
24 Jun, 2020, 05.55 PM IST
Nabard lines up term loan facility for MFIs, but smaller ones may not get itThis is an improvement over Small Industries Development Bank of India’s one-year term loans, but the smaller MFIs, which need financial as...
27 Apr, 2020, 09.45 AM IST
MFI industry seeks more refinance from DFIs in budgetMany of 200-odd MFIs operating in the country work as BCs for the banks for credit disbursements for which an 18 per cent GST is levied on ...
27 Jan, 2020, 12.48 PM IST
MFIs seek funding support from banks, SidbiWhile bigger and well managed NBFC-MFIs are still managing to receive funds, though at a higher cost, the smaller ones are shunned because ...
30 Oct, 2018, 09.02 PM IST
Marquee investors exit from Indian microfinance companiesAccording to IFMR Capital, the NBFCMFIs have raised equities worth Rs 2,300 crore in the past few months.
16 Oct, 2017, 09.47 AM IST
Commercial MFIs can make markets work for the poorThe role of fully-commercial, profit-seeking institutions in providing such microfinance loans remains controversial.
16 Feb, 2012, 09.22 AM IST
- MFIs in India need USD 200 bn: ASSOCHAM
ASSOCHAM on Thursday said the financial needs of the micro-finance institutions (MFIs) in India are estimated to reach USD 200 billion.
16 Jun, 2011, 04.29 PM IST
- Fund-starved microfin cos get $8-m Grameen Foundation lifeline
The foundation’s financial guarantee may prompt reluctant banks to extend loans.
21 Dec, 2010, 07.07 AM IST
- RBI rules out intervention to support MFIs
The Reserve Bank of India (RBI) has ruled out any immediate policy intervention to support cash-strapped microfinance institutions (MFIs).
08 Dec, 2010, 05.39 AM IST
- MFI's to play a significant role in credit delivery to the poor
If 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...
01 Feb, 2010, 07.56 PM IST
- Banks think small to achieve big; focus on microfinance ops
Betting big on the fast-growing micro-finance sector, leading private and foreign banks are all set to scale up their MFI operations in the...
29 Apr, 2009, 12.00 PM IST