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How small banks will boost financial literacy

While most microfinance institutions (MFIs) with foreign equity holding are confident of reducing it to 40 per cent in the next 18 months as asked by the Reserve Bank of India, Ratna Vishwanathan......

Funding the unfunded: India helps small business borrow to grow

Only 4 per cent of 57.7 million small business units in India have access to institutional finance, leaving many to rely on informal lenders A new bank announced in the annual Budget last week......

Funding the unfunded: Mudra Bank to help small firms to grow

A new bank announced in the annual budget last week could boost loans and cut borrowing costs for India’s cash-starved small businesses -- tailors, mechanics and phone booth operators who......

Microfinance industry coming back to life

After more than three years, the microfinance industry is attracting new players. In six-eight months, at least six new microfinance institutions (MFIs) have got membership of industry body MFIN......

RIL parks over Rs 800 cr in Anil-led Reliance Group MFs

Flush with billions of dollars in cash, Mukesh Ambani-led Reliance Industries Ltd (RIL) has parked more than Rs 800 crore (Rs 8 billion) in various mutual fund schemes of younger sibling Anil-led......
  Web results for Mfin
Raghavan HKN, Equitas Holdings

In an interview to , Raghavan HKN , CEO, Equitas Holdings, sahres his business ideas. Edited excerpts: ET Now: Congratulations on a great set of... ...

http://economictimes.indiatimes.com/markets/expert-view/will-come-up-with-two-new-products-after-conversion-into-small-finance-bank-raghavan-hkn-equitas-holdings/articleshow/53375362.cms
Satin Creditcare may take QIP route to raise Rs200 crore

Satin Creditcare has initiated talks with investment banks as fund-raising environment gets better for microlenders Satin Creditcare Network Ltd... ...

http://www.livemint.com/Companies/1rwpv5TUia0GhrfNJBrSXP/Satin-Creditcare-may-take-QIP-route-to-raise-Rs200-crore.html
Interest rates on microloans falls on lower cost of funds

With cost of funds for microfinance institutions coming down significantly due to successive rate cuts by the RBI, interest rates on small loans... ...

http://smartinvestor.business-standard.com/market/Features-398853-Featuresdet-Interest_rates_on_microloans_falls_on_lower_cost_of_funds.htm
Signs of froth in microfinance?

There is a general belief that given India's large population and the proportion of the unbanked population, the scope for growth in an activity... ...

http://www.livemint.com/Money/BwyLY3cntNrJiKNRCXB6NP/Signs-of-froth-in-microfinance.html
IDFC Bank buys Tamil Nadu-based Grama Vidiyal Microfinance

Grama Vidiyal has a customer base of 1.2 million customers with an asset base of Rs1,500 crore, IDFC Bank CEO Rajiv Lall said Mumbai: IDFC Bank Ltd... ...

http://www.livemint.com/Industry/r4gXcsaj8zo5q6XvaiZavI/IDFC-Bank-buys-microfinance-firm-Grama-Vidiyal.html

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