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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......

Third of banks' MFI loans go into restructuring

Almost a third of loans that banks have given to microfinance institutions have been admitted for restructuring.This follows the inability of MFIs to repay.The Corporate Debt Restructuring cell has......
  Web results for Mfin
Microfinance institutions have witnessed a gross loan growth of 69% in the previous quarter

Microfinance institutions (MFIs) saw a healthy 69 per cent growth in their gross loan portfolio at Rs 42,106 crore in the April June quarter... ...

http://yourstory.com/2015/08/microfinance-growth-previous-quarter/
RBI

MFIN has also launched a multi-lingual helpline number for the benefit of its customers. ...

http://www.dnaindia.com/money/report-microfinance-firms-can-play-role-in-financial-inclusion-rbi-2111152
Weak start, result-related stocks in focus

Every action of our lives touches on some chord that will vibrate in eternity. - Sean O'Casey The weather has been raining joy for the country... ...

http://www.indiainfoline.com/article/news-top-story/daily-market-strategy--vibrations-continue-weak-start-result-related-stocks-in-focus-115072700012_1.html
Arohan lowers interest rate to 25.7 per cent per year

KOLKATA: Microfinance company Arohan Financial Services reduced lending rate by 55 basis points to 25.70 per cent a year. The new rate is coming... ...

http://economictimes.feedsportal.com/c/33041/f/534022/s/484511c4/sc/24/l/0Leconomictimes0Bindiatimes0N0Cindustry0Cbanking0Cfinance0Cmicrofinance0Ecompany0Earohan0Elowers0Einterest0Erate0Eto0E250E70Eper0Ecent0Eper0Eyear0Carticleshow0C4814520A40Bcms/story01.htm
Ratna Vishwanathan

The Micro-finance Institutions Network (MFIN), the representative body of MFIs, has been instrumental in bringing out several regulatory changes in... ...

http://www.business-standard.com/article/finance/by-increasing-lending-portfolio-mfi-sector-can-cover-up-bandhan-gap-of-rs-10-000-cr-ratna-vishwanathan-115071400596_1.html

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