Microfinance Institutions Network

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Rajiv Ramakrishnan on UN panel

Rajiv Ramakrishnan, an undergraduate at Brandeis University in Waltham, Massachusetts, has been doing his bit to help the United Nations achieve its Millennium Development Goals for the advancement......

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......

MFIs can't charge more than 26% interest: RBI

The Reserve Bank of India has capped interest rates charged by micro finance institutions from small borrowers at 26 per cent, but opened for MFIs the bank credit line which was curtailed following......

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......

Lessons for micro-finance from 2010

The year 2010 was a tumultuous one for micro-finance institutions (MFIs) in India. It began with the highly successful SKS Microfinance public issue, which prompted other prominent MFIs to announce......

MFIs plan action against YES Bank's loan recall

Micro-finance institutions (MFIs) are planning to take legal action against YES Bank's move to recall a part of its loans to them. However, they intended to first write to the bank to withdraw its......

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Kaleidofin raises $2.8mn towards expansion of customer-base, investments

FinTech platform Kaleidofin announced that it has raised USD 2.8 million in a seed round of investments to accelerate customer acquisition... ...

http://www.sify.com/finance/kaleidofin-raises-28mn-towards-expansion-of-customer-base-investments-news-finance-sejpGneefjcdi.html

A thick pipeline

An unprecedented line-up of IPOs has left investors spoilt for choice Never have been investors so spoilt for choice like in this month. And the... ...

http://www.mydigitalfc.com/fc-supplements/invest/thick-pipeline

Is there any "bhala" investing in the over Rs 4000 crore Bandhan Bank IPO?

Bandhan Bank, the bank with the 'Aapka Bhala, Sabki Bhalaai' slogan (good for you is good for all) has received SEBI's consent to float an IPO.... ...

http://www.sify.com/finance/is-there-any-bhala-investing-in-the-over-rs-4000-crore-bandhan-bank-ipo-news-ipo-sdnpjHbgjgggd.html

MFI gross loan portfolio up 43%, delinquencies down

City: Chennai The aggregate gross loan portfolio of non-banking microfinance institutions (MFIs) recorded a 43 per cent growth in the December... ...

http://www.mydigitalfc.com/plan-and-policy/mfi-gross-loan-portfolio-43-delinquencies-down

See All

Rediff News

Microfinance Institutions Network

News for Microfinance Institutions Network

Rajiv Ramakrishnan on UN panel

How small banks will boost financial literacy

MFIs can't charge more than 26% interest: RBI

Third of banks' MFI loans go into restructuring

Lessons for micro-finance from 2010

MFIs plan action against YES Bank's loan recall

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