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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Rural economy on path to recovery after cash cull

Bloomberg While loans are poised to reach pre-demonetisation levels in 3-6 months, falling farm prices have boosted real wages for landless... ...

http://www.mydigitalfc.com/factoid/rural-economy-path-recovery-after-cash-cull

We are new-age MF institution dedicated to financial inclusion of rural women

Svatandra, the new-age microfinance firm, founded by Ananya Birla — daughter of Kumar Mangalam Birla — has seen 220 per cent annual growth over... ...

http://www.mydigitalfc.com/views/we-are-new-age-mf-institution-dedicated-financial-inclusion-rural-women-869

Yes, microlending reduces extreme poverty

A small boost in microlending to the developing world could lift more than 10.5 million people out of extreme poverty. That’s one conclusion... ...

http://www.catchnews.com/business-economy-news/yes-microlending-reduces-extreme-poverty-67514.html

Indian microfinance loans grew 26% in Q4 of last fiscal

The Microfinance Institutions Network (MFIN) on Thursday said the organised industry in this segment has grown by 26 per cent through loan... ...

http://www.prokerala.com/news/articles/a741933.html

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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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