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MICROFINANCE SUMMIT
MFI body seeks greater penetration of credit flow for growthMicrofinance institutions in West Bengal need more credit to reach the bottom of the pyramid. Currently, only one-third of the target segme...- Difficult to lower rates without easy funds: Microfinance institutionsHeads of microfinance institutions (MFIs) emphasize the difficulty in lowering interest rates without access to cheaper funds, suggesting a...
- Difficult to lower interest rates below 20% without access to cheaper funds: MFI headsMicrofinance institution heads state that lowering interest rates is difficult without cheaper funding sources, emphasizing the need for a ...
- Sidbi to revamp India Microfinance Equity FundThe Small Industries Development Bank of India (Sidbi) is working on revamping the India Microfinance Equity Fund (IMEF), which failed to t...
- Microfinance institutions in Karnataka show 10% portfolio growthMicrofinance Institutions (MFI) in Karnataka have a loan portfolio of Rs 46,000 crore, with a 10% year-on-year growth, according to a repor...
- Bring not-for-profit microlenders under regulatory framework, says MFI bodyOut of its 250 odd members, only about 100 come under the purview of RBI, he said while speaking at the 5th Eastern India Microfinance Summ...
- Microfinance sector looks to shake off demonetisation blues by MarchLoan repayment took a severe hit in the cash-based microfinance sector after the government announced note-ban in November 2016.
- Micro-finance sector recovering from DeMo shockBandhan Bank, one of the leading players in this sector which transformed into a universal bank from an MFI, said that there had been probl...
- Mudra Bank refinances Rs 1,500 crore to micro unitsDuring this fiscal, disbursement target is Rs 1.22 lakh crore, he told reporters on the sidelines of the Eastern India Micro-finance summit...
- Jairam Ramesh for regulatory framework for microfinance institutionsThere is a need for a regulatory framework for microfinance institutions in the country, Union minister Jairam Ramesh today said.
- Microcredit recipients decline for the first time: StudyAccording to the state of the latest microcredit summit campaign report, in 2011, microfinance providers reached fewer people living in ext...
- Micro-finance institutions should explore the option of tapping capital markets: Arvind Mayaram"Micro-finance institutions need to explore the option of raising funds from the capital market and take advantage of the government scheme...
- FM hopeful of early passage of micro finance BillThe Micro Finance Institutions (Development and Regulation) Bill, 2012, is currently being scrutinised by a Parliamentary Standing Committe...
- MFIs to be allowed to raise fund through ECB: RBIThe Reserve Bank today said it will soon allow microfinance institutions to raise funds up to USD 10 million through external commercial bo...
- Better broadband penetration to help reduce costs of financial inclusion: Montek Singh AhluwaliaMontek Singh Ahluwalia added that the concept of financial inclusion should be more far reaching than just making credit available for poor...
- Microfinance struggles to restore its reputationAs the industry indulges in a bout of soul searching over what has gone wrong, some say microfinance is suffering, in part, from its own su...
- 'Micro-finance most cost-effective, efficient way of reducing poverty'Sam Daley-Harris, Micro-credit Summit Campaign founder in an interview to ET spoke about the usefulness of micro-credit and also about its ...
- Reliance, Bharti may storm microfinanceReliance Retail plans to set up an NBFC arm that will operate as a microfinance institution (MFI).
- Socially inclusive growth needed: SoniaCongress President Sonia Gandhi has called upon Indian industry to chip in with social infrastructure.
- Big banks follow Nobel winner’s cues in lending to poorRobert Annibale clearly enjoys his role as a globe-trotting senior banker for US giant Citigroup, but his clients are unusual because they ...
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