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MICROFINANCE GRIEVANCE REDRESSAL
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...- DFS to discuss NBFC-to-bank conversionGovernment officials will meet top non-banking financial company executives on Thursday. The discussion will focus on sector issues. A key ...
- RBI Guv urges NBFCs to maintain sound underwriting standards, close monitoring of asset qualityReserve Bank Governor Sanjay Malhotra met with senior officials from select NBFCs, emphasizing the importance of sound underwriting and clo...
- Why microfinance still matters: Debunking myths and highlighting progressDespite recent negative press, microfinance significantly contributes to India's economy, empowering women and curbing migration. The secto...
- 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...
- Ensure fair treatment to customers: RBI Guv Malhotra to NBFCsRBI Governor Sanjay Malhotra urged NBFCs to prioritize fair customer treatment and implement a prompt grievance redressal mechanism. He emp...
- RBI Governor Das says quality of financial inclusion needs improvementThe parameters outlined by Das were the identification of the customer, reaching the last mile and providing relevant, affordable and safe ...
- RBI Guv ask banks to strengthen lending capacity by raising capitalDuring a two-day meeting with heads of banks, including the private sector lenders, the governor emphasised on the need to remain vigilant ...
- Microfinance player urges govt to curb rumours about loan waivers amid COVID-19New Delhi, Sep 6 () A microfinance player on Sunday charged that some fraudulent elements are spreading rumours about loan waivers amid the...
- MFIN issues post moratorium guidelines for membersMFIN said the detailed advisory is a reiteration of points covered in Industry Code of Conduct and Code of Responsible Lending such as fair...
- Past haunts MFI sector as standing committee rejects revamped BillWhen AP ordinance & subsequent law made it impossible for MFIs to operate in their mkt, industry hoped that passage of the Bill would resul...
- Why the Standing Committee on Finance rejected the MFI BillSince 2010, when the controversial Andhra Pradesh ordinance made it all but impossible for Microfinance Institutions (MFIs) to operate in t...
- MFIN to seek RBI nod to become 'self-regulatory organisation' by month-endMFIN, the umbrella body of micro-finance companies, will be seeking the RBI's approval to become a self- regulatory organisation by month e...
- Microfinance Institutions Network welcomes RBI's guidelines for micro-finance industryRBI norms for self-regulatory organisations of NBFCs engaged in micro-finance would aid process of improved governance and grievance redres...
- MFIN welcomes RBI's guidelines for microfinance industryRBI norms for self-regulatory organisations of NBFCs engaged in micro-finance would aid the process of improved governance.
- Industry groups to be self regulatory bodies for NBFC-MFIs: RBIRBI decided to accord recognition to industry associations as self regulatory organisations of non-banking financial companies that are eng...
- SKS to raise Rs 500 crore through QIP route this fiscalSKS Microfinance, the only listed micro lender, today said it would raise Rs 500 crore through QIP route in the current fiscal.
- SKS Microfinance to spend Rs 15 crore on improving grievance redressalSKS Microfinance today said it will invest Rs 15 crore over the next three years for strengthening customer grievance redressal.
- 'MFIs need to introspect more'Microfinance practitioners too understand the need to improve governance issues to avoid a possibility of distress in future.
- Microfinance bill puts Nabard in regulatory seatA New microfinance law is underway, with the Union Cabinet on Friday clearing the bill despite an opposition from some official quarters ci...
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