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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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Rangebound Sensex Ends 93 Points Higher, Metal Stocks Shine

Index heavy-weight ITC may open higher today on Q1 earnings, traders said The Sensex and Nifty ended Friday's rangebound session on a positive... ...

http://profit.ndtv.com/news/market/article-sensex-nifty-set-for-flat-start-itc-axis-bank-in-focus-1434599
10 new VC investors who are upbeat on Indian start-ups

The promise of an online retail market that Morgan Stanley sees at $120 billion has attracted a new set of brave souls willing to bet their... ...

http://www.livemint.com/Companies/LDAajWJM0JmYTldh9EdAzK/10-new-VC-investors-who-are-upbeat-on-Indian-startups.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
TPG Growth picks up majority stake in Rhea Healthcare for $33 million

NEW DELHI: TPG Growth, the growth investment fund of global private equity major TPG, has invested $33 million (about Rs 220 crore), for a majority... ...

http://economictimes.indiatimes.com/small-biz/money/tpg-growth-picks-up-majority-stake-in-rhea-healthcare-for-33-million/articleshow/53279733.cms
Rajan

Hyderabad, July 18 () Reserve Bank of India is in the process of strengthening the network of banking correspondents by creating a registry,... ...

http://timesofindia.indiatimes.com/business/india-business/RBI-creating-registry-of-banking-correspondents-Rajan/articleshow/53270522.cms

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