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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......

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......

Poor rains may hit MFI recoveries

Experts have said stress building in rural areas due to deficient rains may hit the repayment capacity of borrowers and, in turn, affect MFIs.After a controversy over their debt-collection tactics,......
  Web results for Andhra Pradesh Mfi
Let your pot of gold create social impact

Wouldn't you like to invest in a fund that gives decent returns and also makes you feel good about making a social impact? The social venture... ...

http://www.thehindubusinessline.com/money-wise/mutual-funds/let-your-pot-of-gold-create-social-impact/article6230985.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
RBI

Banks are working on setting up 'Rural ATMs' for dispensing currency notes of smaller denominations, RBI's Deputy Governor R Gandhi said today.... ...

http://www.business-standard.com/article/pti-stories/banks-working-on-setting-up-rural-atms-rbi-114071400848_1.html
Spandana to offer preferential shares to new investors

Indian micro-finance company Spandana Sphoorty, involved in handing out petty loans to women, is in talks with investors who would buy out the... ...

http://www.mydigitalfc.com/news/spandana-offer-preferential-shares-new-investors-847
Two MFIs to get debt fund of Rs 630 cr by Sept 2014

Two-Andhra Pradesh-based Share and Asmita microfinance, a part of corporate debt restructuring (CDR) cell, are expecting a debt infusion of nearly... ...

http://www.smartinvestor.in/mf/mfNewsFeature-mfnews-250282-Two_MFIs_to_get_debt_fund_of_Rs_630_cr_by_Sept_2014.htm
Crisil sees 35% growth for MFIs,loan-book at Rs 45K-cr by FY15

The microfinance sector is likely to see buoyant growth in the medium-term and assets are set to reach Rs 45,000 crore by March 2016, says a... ...

http://www.business-standard.com/article/pti-stories/crisil-sees-35-growth-for-mfis-loan-book-at-rs-45k-cr-by-fy15-114062601200_1.html

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