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MICROFINANCING
Vivek Oberoi, who amassed fortune of Rs 1200 crore, reveals a humble paanwala taught him basics of financeActor Vivek Oberoi built a Rs 1200 crore fortune. His financial journey began with lessons from a paan shopkeeper. He learned about investm...- Capital SFB IPO offers exposure to secured MSME lending in the North regionThe bank has zero direct exposure to microfinancing with most of the loan book consisting of secured assets unlike some of the SFBs, which ...
- Five Star Business IPO offers exposure to fast-growing microfinancingAfter the IPO, the promoter group’s stake will fall to over 33% from 40%. The nonbanking finance company (NBFC) has a higher asset quality ...
- Free pricing system to strengthen MFIs; but credit cost for borrowers to jump: AnalystsThe revised regulations aim to provide a level playing field to all the players involved in microfinancing, which will help these lenders t...
- Serving the underbanked, micro-financing, affordable housing: Bandhan Bank's Vision 2025Containment of the ongoing outbreak, implementation of effective financial tools, adoption of digital means and maintaining significant eco...
- 'Leaders create other leaders', believes Svatantra Microfinance's Ananya BirlaMangalam Birla’s first born was speaking at the launch of her luxury e-commerce platform.
- Rally takes promoters of small-cap companies past the $1 billion markThe average stock return of these five companies has been almost seven times higher than the BSE Small Cap index over the past two years.
- SKS Microfinance renamed Bharat Financial InclusionThe company was mired in serious controversy in late 2010 due to rising spate of suicides by its borrowers, triggered by allegedly coercive...
- Micro finance firms in India with banking license need to be careful as to not service the rich now: Muhammad YunusYunus said that unemployment is no longer a worry of the developing nations as countries like large chunk of youth in Italy and Greece too ...
- Rashtrapati Bhavan to host 'Festival of Innovation'India ranks 76 on the Global Innovation Index, much below countries like Malta, Lithuania, Latvia, the Seychelles, Greece and Brazil.
- 'Banks can create job opportunities using microfinance'Uttarakhand finance minister Indira Hridayesh banks can create employment opportunities in the state and should consider using microfinance...
- SKS: A hot potato called microfinance institutionsThey borrow from banks at 13%, lend to the poor at 26-27%, spend around 8% to deliver the loans and land up with an interest margin of 5-6%...
- Financial wizards see big career growth in MFIsA number of financial executives across the country are now migrating to the microfinancing sector.
- Not quite a micro issue: Micro-financing macro problems?A key takeaway from the recent financial crisis is that systemically large non-bank financial sector players can endanger financial stabili...
- I-banks lose flavour, IIM students eye micro-financeStudents are discovering a new-found love for micro-finance, an elective subject dealing with providing financial options to country's poor...
- South Africa asks Indian firms to explore power, mining sectorsEssop Pahad, minister in the Office of the Presidency of South Africa, who was in Mumbai recently to attend the Indo-South Africa trade con...
- Yunus favours micro-banks in IndiaNobel Peace Prize winner Muhammad Yunus in his recent discussions with Prime Minister Manmohan Singh has advocated the setting up of micro-...
- 'Corporates must get into microfinancing'Micro credit has been slow to pick up in India, Bangladesh’s Nobel laureate Mohammad Yunus said on Tuesday. Nearly 160 million or 80% of th...
- Micro-financing has a long way to goMore than 400 women join the self-help group (SHG) movement in India every hour, according to the National Bank for Agriculture and Rural D...
- Citigroup Micro Entrepreneur award goes globalCitigroup on Tuesday announced that its Citigroup Micro Entrepreneur Award programme for promotion of micro-financing has now being expande...
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