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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......

Bandhan is reborn as a bank

For India’s leading MFI-turned bank, the challenge is to stay competitive while pricing its loans While launching Kolkata-based Bandhan Financial Services' full-fledged commercial banking......

India's Bandhan among Asia's top microfinance firms

  Bandhan, the country’s largest microfinance company, is competing closely with Bangladesh’s Nobel Prize-winning Grameen Bank to become South Asia’s largest micro credit......

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 --......
  Web results for Andhra Pradesh Mfi
SKS Microfinance Limited Transforms Operations With IBM MobileFirst Solution

IBM MobileFirst solution improves Field operation productivity IBM announced today that, they successfully completed deployment of IBM MobileFirst... ...
Microfin gross loan portfolio rises 76% in Sept quarter

The country's microfinance industry registered a whopping 76% year-on-year growth in its aggregate gross loan portfolio at Rs 36,660 crore during... ...
Micro finance credit gains momentum with ADB loan

MUMBAI: Micro finance credit is again gaining momentum, with better regulations reducing the prospect of default risks. The Asian Development Bank... ...
A Holy Grail For Investors?

In FY 2014, the microfinance sector in India raised about $192 million through 5 private equity transactions; whereas, Q1 2015 alone accounted for... ...
Indian microfinance institutions have just busted a myth

MFIs operate in the hinterland where traditional banks balk at serving. Or, so we believed. The scene has changed Photo: Hemant Mishra/Mint By... ...

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