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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
SKS Microfinance cuts interest rates to 19.75%; shares surge 7%

The move makes SKS Microfinance the sole Indian microlender to offer loans at a rate below 20% The move came after Reserve Bank of India decided... ...
Short-term MFI credit limit doubled to Rs 30,000

In a boost to micro finance borrowers, the Reserve Bank of India (RBI) has raised borrower limit to Rs 30,000 for short duration (less than 24... ...
Microfinance industry sees 28% rise in client base in Q2

The country's microfinance industry witnessed 28 per cent rise in client base to 2.63 crore in the second quarter and the aggregate gross loan... ...
Microfinance institutions grow in the country

CHENNAI: A report from Microfinance Institutions Network (MFIN), the Self Regulatory Organisation (SRO) of the RBI regulated NBFC MFIs shows... ...
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... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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