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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
Bandhan sees 37% growth in gross loan portfolio

), has registered 37 per cent annual growth in its gross loan portfolio at Rs 6,200 crore, about a fifth of India's MFI sector. Through the next... ...

http://www.business-standard.com/article/finance/bandhan-sees-37-growth-in-gross-loan-portfolio-114041900073_1.html
Little big bank

Like many big inventions and discoveries that happened by accident, microfinance beĀ­gan in India by a twist of fate. Padmaja Reddy was working for... ...

http://www.mydigitalfc.com/news/little-big-bank-224
Ties That Bind

Locker Room Tales Bandhan was ranked 2nd among the world's top 50 MFIs by Forbes in 2007 He travelled to Kathmandu from Varanasi by road for... ...

http://www.outlookindia.com/article.aspx?290332
Will it be true to its original spirit?

Take a local train out of Kolkata, and you will see a lot of people barely eking out a living. Tiny enterprises line the platforms. On... ...

http://economictimes.indiatimes.com/industry/banking/finance/banking/Bandhan-gets-a-bank-licence-Can-it-survive-as-a-bank--yet-be-true-to-its-original-spirit/articleshow/33757517.cms
Bandhan signals competition for rural microfinance

According to MFIs operating in rural areas, private banks have been charging interest rates of 24-26 per cent on a reducing balance Namrata Acharya... ...

http://www.business-standard.com/article/finance/bandhan-signals-competition-for-rural-microfinance-114041100749_1.html

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