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Andhra Pradesh Mfi

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Debt trap turns tragic for Andhra MFI chiefs

Life seems to have turned a full circle for some professionals in the microfinance industry of Andhra Pradesh, but with tragic consequences.About a year and a half back, microfinance institutions......

30 suicides rock Andhra Pradesh! Microfinance bodies under lens

As many as 30 rural borrowers have committed suicide in Andhra Pradesh in the last few months following their inability to pay back loans taken from microfinance institutions at exorbitant interest......

RBI to invite payment bank applications by month-end: Rajan

Reserve Bank is planning to revamp its cash management system, Governor Raghuram Rajan said on Thursday. Reserve Bank of India will invite applications for setting up of small and payment banks --......

Will microfinance firms make good banks?

One of the qualities the Reserve Bank of India looks for in new banking aspirants is financial inclusion -- that 25 per cent of a new bank’s branches should be in rural areas. So far, two......

FM hopeful of early passage of micro finance Bill

Finance Minister P Chidambaram said on Tuesday the proposed Bill on micro-finance institutions will provide adequate legislative framework for development and regulation of the sector.The Micro......
  Web results for Andhra Pradesh Mfi
RBI not well disposed to state loan waiver schemes

Rajan Thursday expressed reservation over the loan waiver scheme by various state governments and also suggested reasonable interest rate ceiling... ...

http://echoofindia.com/mumbai-rbi-not-well-disposed-state-loan-waiver-schemes-71738
Nabard may convert NBFC arm into a small bank

The National Bank for Agriculture and Rural Development (Nabard) will consider converting its subsidiary Nabard Financial Services into a small... ...

http://www.thehindubusinessline.com/industry-and-economy/banking/nabard-may-convert-nbfc-arm-into-a-small-bank/article6595752.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Rajan

Reserve Bank of India will invite applications for setting up of small and payment banks -- aimed to cater to small businesses and low income... ...

http://www.vccircle.com/news/banking/2014/11/13/rbi-invite-applications-small-payment-banks-month-end-rajan
Manappuram proposes to acquire Asirvad Microfinance

CHENNAI: Manappuram Finance has signed of a non-binding term sheet with the shareholders of Asirvad Microfinance Private Ltd (AMPL) to acquire a... ...

http://timesofindia.indiatimes.com/business/india-business/Manappuram-proposes-to-acquire-Asirvad-Microfinance/articleshow/45025574.cms
Lok Capital looks to raise its third fund

Impact fund Lok Capital, which has raised $87 million through two funds and invested in 15 social enterprises, is looking to raise a third fund.... ...

http://www.business-standard.com/article/companies/lok-capital-looks-to-raise-its-third-fund-114103000012_1.html

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