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RATNA VISHWANATHAN
Buy Dilip Buildcon, target price Rs 355: HDFC SecuritiesThe standalone net debt as of Dec’22 stood at INR 25.9bn vs. INR 27.1bn as of Sep’22. It expects net debt at INR 24bn by Mar’23.- View: Problems with the ways we decide upon national sporting awardsOne major issue is the number of awards given. Take the Rajiv Gandhi Khel Ratna awardees. When it was instituted in the early 1990s, it was...
- Policy muddle ruins year 2019 for crypto, blockchain industryWhile the government and RBI had shown concern against the proliferation of private digital currencies, their interest on the subject has b...
- 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.
- Over 60% of MFIs adopt cashless disbursement: MFINWhile 88 per cent of the total cashless disbursements were through NEFT/IMPS by MFIs in 2016-17, repayments through cheques constituted 50 ...
- MFIs suffer note ban blues; stressed loans balloon to 14%The aggregate gross loan portfolio of the companies stood at Rs 46,487 crore as on March 31, 2017 as against Rs 53,233 crore in the year-ag...
- Banks to follow microloan code to cut risksMaximum 3 lenders can give loans to a single borrower; amount capped at Rs 60k under joint liability group rules
- Micro loan providers including banks to follow model business code“When implemented, the whole issue of over-leveraging can be addressed,” said MFIN chief executive Ratna Vishwanathan. “We are pushing it a...
- Crisis looms over south’s microfinance sectorThere are repayment concerns also in some smaller pockets of Tamil Nadu, said sources.
- MFIs seek 90-day breather for borrowers in loan repaymentAs per the existing regulations, MFIs lend on two schedules -12 months and 24 months. Every micro finance borrower must repay their loan wi...
- Microfinance Industry up 53% in Q3: MFIN ReportThe aggregate gross loan portfolio of microfinance institutions stood at Rs 56,634 crore in Q3 FY17 as compared to Rs 36,912 crore in Q3 FY...
- Borrowers in Maharashtra, MP and UP stop repaying MFI loans on waiver rumourA recent Reserve Bank of India direction giving additional 60 days relaxation on asset classification norms to these lenders has also aggra...
- MFIs fear blot on repayment culture if demonitisation woes prolongMFI practitioners told ET that some have come with Rs 2000 notes but yet they can’t accept repayment as they don’t have currencies with sma...
- Microfinance firms keep small window open for paymentsKolkata-based Uttrayan Financial Services, on the other hand, has directed its field workers not to accept any pre-payment while it has not...
- Cash-based microfinance industry struck with dilemmaCompanies have also stopped loan disbursement in physical cash, creating gaps in borrowers’ daily cash credit requirements.
- MFIs gross loan portfolio jumps 85% to Rs 53,233 crore in Q4: MFIN"South India leads the way with 35 % share in GLP followed by North and West which stand at 25 % cent and East contributing 15 %," MFIN sai...
- Bandhan experiment keenly followed by banking fraternityThe formation of Bandhan Bank in fact, marked a new beginning of Indian banking, which in another one-and-a-half year will see emergence of...
- Microfinance institutions want RBI, not Mudra Bank, as regulatorMFIs are worried about the government's decision to set up the Micro Units Development and Refinance Agency, or Mudra Bank.
- LN Mittal, Ratan Tata, Narayana Murthy get Padma VibhushanThe three corporate giants join Pranab Mukherjee, Sachin Tendulkar in being awarded the country’s second highest civilian award. Ways to be...
- Mittal, Tata get Padma VibhushanThe world’s richest Indian and ArcelorMittal president and CEO, Lakshmi Narayan Mittal, Tata Sons chairman Ratan Tata, who recently launche...
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