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MICROFINANCE SECTOR EMPLOYMENT
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIf the US-Iran ceasefire holds, the markets may see some recovery. The movement of crude oil prices and its impact on the markets supports ...- 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...
- Lenders' fields may yield less as collections wilt in summer"Collections fell by about two percentage points last summer, and we expect a similar dip this year," said the head of a non-bank lender, w...
- Enabling sustainable and inclusive growth: Standard Chartered’s strategic commitment to India’s ambitious agendaStandard Chartered has mobilised over USD1 billion for India's microfinance and NBFC sectors. P.D. Singh, CEO for India and South Asia, exp...
- 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 as key engine of financial inclusion: How it can be made a strong pillar of Viksit BharatMicrofinance sector needs transparent pricing and protection against financial vandalism. Strengthening governance and reforming collection...
- Sa-Dhan joins hands with IIBF to develop a certification course in microfinance sectorSa-Dhan has partnered with the Indian Institute of Banking & Finance (IIBF) to create a certification course for job seekers in the microfi...
- MFIs set for better days, as collection improves, loan sales jumpIt expects the sector to notch up high double-digit growth of 20-30 per cent, on improved collections and disbursals. It sees the credit co...
- ADB, HSBC India set up USD 100 mn partial guarantee prog for MFI sectorLaunched in 2010, ADB's microfinance programme has provided more than USD 1.8 billion in loans and helped mobilize USD 881 million in co-fi...
- Norway’s NMI, Carpediem invest in Delhi-based Sindhuja MicrocreditSindhuja Microcredit has raised $4 million in Series A funding in March 2019 from Carpediem.
- Microfinance to double lending in 5 years: Muhammad YunusThe industry grew at over 40% in FY2019 with its loan portfolio reaching Rs 178,552 crore at the end of March 2019, according to the Sa-Dha...
- How NBFC-MFIs can ensure equitable distribution of credit across MSMEsMSME manufacturing units often end up being overlooked by formal banks and financial companies which usually favour big-ticket borrowers.
- IDFC Bank snaps up Tamil Nadu based MFI Grama VidiyalThe bank said the three-decade old Trichy-based Grama Vidiyal will be its wholly-owned subsidiary and will act as a dedicated business corr...
- Axis Bank forays into urban microfinance segmentThe lender plans to commence urban microfinance operations in 85 branches across Bengaluru, Chennai, Kolkata and Mumbai, in addition to Pun...
- IFMR Capital structures Rs 98-crore debt from 11 Mutual Fund InstitutionsIFMR Capital today said it has structured the first CBO (collateral bond obligation) deal in the micro-lending space in the country.
- Microfinance: Time to move towards financial inclusionSmall may be beautiful, but it is also limiting. Truly effective markets will enable micro enterprises to thrive and set them on the path t...
- Microfinance- A magical economic panacea?Microfinance to me is simply a tool for empowering the 'bottom billion' of the world with unprecedented financial independence, if employed...
- Now, home loans from SKS MicrofinanceEven as realty markets are trying to shake off the downturn impact, SKS Microfinance, the largest microfinance company in terms of assets, ...
- Bank of Baroda expands financial reach, adopts Rajasthan districtWith RBI pushing banks into financial inclusion, banks are seriously looking at expanding their reach to the unbanked and under-banked sect...
- New-age sectors now turning gurukulsIf you cannot find the right talent, then groom it yourself. That seems to be the new corporate mantra.
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