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MICROFINANCE CONCLAVE
Guardrails for MFIs need to continueIn a recent advisory, Sa-Dhan, a key player in the microfinance arena, underscores the necessity of upholding lending standards for financi...
Sa-Dhan backs continued microfinance guardrails, suggests RBI steering panelSa-Dhan, a microfinance self-regulator, recommends maintaining lending guardrails for bottom-of-the-pyramid customers. These rules aim to p...
Microfinance sector introduces new grievance redressal tools for customer protectionSa-Dhan, the RBI-recognized SRO, has launched a toll-free grievance helpline and a comprehensive Client Grievance Redressal Mechanism (CGRM...
Financial inclusion to make India’s Viksit Bharat goal 2047 inclusiveFinancial inclusion is key to achieving India's Viksit Bharat goal by 2047, ensuring growth is broad-based and equitable. Innovations in te...
ET Rise World MSME Day 2022: Experts discuss on building self-reliant MSMEsThe event saw various panel discussions on understanding how technology, leadership, policies, skills and the entire ecosystem need to deve...
MSME Day: Supply chain crisis one of the biggest challenges in recent years, says BB Swain, MSME SecretaryThe United Nations General Assembly in 2017 declared 27 June as MSME Day, to raise public awareness of their contribution to sustainable de...
MSME sector is the key to unlock India's economic growthAs part of the ET India Inc Boardroom series, panelists from the MSME sector were of the opinion that there is rapid growth of the online e...
Govt likely to allow co-op banks to lend under MSME Emergency Credit Guarantee SchemeUnder the Scheme, 100% guarantee coverage is to be provided by NCGTC for additional funding of up to Rs. three lakh crore to eligible MSMEs...
MFIs in India should be allowed to accept deposits from public: Muhammad YunusAs MFIs are not allowed to accept deposits, the cost of funds at the hands of the beneficiaries become high because they borrow money from ...
Technology gives immense power for accessing knowledge: Muhammad YunusThe five-day-long event, organised by Tata Steel, concluded yesterday. A book titled "Policies and Practices Assessing Indian Tribal Health...
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...
RBI to invite payment bank applications by month-end: Raghuram RajanAddressing micro-financiers at a Nabard function here, Rajan also said that microfinance borrowers should be protected from arbitrary loan ...
NCDs turns preferred route for IFC in debt financing for NBFCsNCDs have have recently become the preferred route of investment for multilateral agency International Finance Corporation (IFC) in debt fo...
Social Enterprises: Bubble building within the space, creating fissures in the sectorThe foundation of social businesses has historically rested more on the first word than the second. But now the focus is shifting to the se...
- MFIs must be responsible lenders: Rangarajan
The regulatory framework for the MFI sector, he said should prescribe a reasonable limit on interest rates and restrict multiple borrowing.
- 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.
- How to fix flaws in the present microfinance model
The flaws in the present microfinance model stand exposed. The next model will weave microfinance around livelihoods, and it's gaining trac...
- Mobile Banking: The Way Forward
Mobile-based banking is the next frontier for banking in India.
- 'Financial inclusion's tough, but a top priority'
Finding a low-cost approach to financial inclusion is seen as a major challenge by most Indian bankers. At a panel discussion at The Econom...
- Financial inclusion through wireless technology
Banking Sector Next Frontier - Serving the Under Banked Profitably. Can technology, especially wireless enabled serve the un-served market?