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MICROFINANCE FOR FARMERS
Over 100-year-old cooperative society transforming lives of farmers in PunjabA century-old cooperative in Punjab's Hoshiarpur district is empowering farmers with loans, equipment rentals, and ultra-low-cost biogas. T...- 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...
- Banking panel to tackle PSUs' balance sheet constraints, boost capital use: DFS Secretary M NagarajuA new committee will examine public sector banks' capital needs. India aims to boost its corporate bond market, allowing more companies acc...
- Piyush Goyal meets Zepto CEO Aadit Palicha, discusses skilling, innovation and supply chainsTaking to the social media platform X, Goyal shared details of the meeting, highlighting discussions around youth and entrepreneurship. "A ...
- India's top private lenders see farm loan defaults rising amid weak rural economyMicrofinance loan disbursal slowed in April-June due to elections and heatwaves, Sumant Kathpalia, chief executive officer of IndusInd Bank...
- In next 5 years, CreditAccess Grameen can grow 20-25% CAGR and Rs 50,000-crore AUM: MD"The cost of funds has increased in the last 15 months by almost 250 basis points of repo rate increase and almost 150 bp of MCLR increase ...
- SBI signs pact with three NBFC-MFIs for co-lending to joint liability groupsThe country's largest lender has signed the pact with Vedika Credit Capital Ltd (VCCL), Save Microfinance Pvt Ltd (SMPL) and Paisalo Digita...
- Loan waiver will not impact repayment collection for MFIs, says Bharat Financial InclusionManaging Director MR Rao told ET that his company has in fact witnessed a rise in repayment the day after the loan waiver was announced by ...
- Disha Microfin to acquire Future Financial ServicesThe small banks are considered to play a key role in lending to small businesses and farmers, who generally find it difficult to have acces...
- Ujjivan Financial approaches Sebi to float IPOUjjivan Financial Services, the micro-finance lender that was granted licence to convert into a small finance bank, has filed draft papers ...
- Sebi seeks clarification on Equitas Holding IPOMarkets regulator Sebi has sought clarification from the merchant banker of microfinance institution Equitas Holding regarding the company'...
- Equitas files IPO papers to raise Rs 1,200 croreMicrofinance institution Equitas Holdings today filed draft papers with the capital markets regulator Sebi to raise an estimated Rs 1,200 c...
- In a first, Future Financial Services set to part-pay debtMicrolender Future Financial Services (FFSL) is repaying a portion of its corporate debt making it the first microfinance company to do so.
- Microfinance should attend to women in agriculture, says MS SwaminathanNoted agricultural scientist MS Swaminathan today said micro finance institutions should especially cater to women in the farm sector.
- SKS Microfinance to raise Rs 900 cr via share saleCountry's largest MFI SKS Microfinance today said it will raise up to Rs 900 crore through issue of shares to institutional investors.
- Social funds prop up cash-starved MFIsMFIs are finding support from social & philanthropic funds. Sector's traditional sources of funding have dried up following accusations tha...
- Farmers and their Sisyphean taskTo blame rising farmer suicides on factors such as indebtedness and liberalisation misses a major part of the story, but ad hoc solutions o...
- Loan waiver may push repayment out of circulationThe microfinance sector is bracing for the impact of the Rs 60,000-crore farm waiver package announced in Budget '08.
- IFMR Trust to float two funds to support start-ups and MFIsThe IFMR Trust, supported by a group of investors, including ICICI Bank, will be floating two funds- the Network Enterprise Fund, a $100 mi...
- Nabard, Dairy Board to set up Rs 2,000-cr projectThe National Bank for Agriculture and Rural Development (Nabard) and National Dairy Development Board (NDDB).
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