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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......

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......

Banks choke flow of funds to MFIs

In a fresh blow to microfinance institutions, banks are refusing to lend them even a sanctioned line of credit, following recent controversies over opaque corporate governance and usurious interest......
  Web results for Microfinance Institutions Network
Prospero Foundation Supports a Food Stall Owner in Uganda

PRWeb 2015-02-26 The Prospero Foundation, founded by Ulrik DeBo of DeBondo Capital, is excited to announce that a microloan donation has been... ...

http://www.bizwireexpress.com/showstoryPRWeb.php?storyid=370854
'E-payments will not hurt demand for cash

MUMBAI: Despite the pickup in electronic payments, India will need more than three lakh ATMs to meet its currency requirements, according to chief... ...

http://timesofindia.indiatimes.com/business/india-business/E-payments-will-not-hurt-demand-for-cash/articleshow/46376120.cms
CENTRE CLIMBS DOWN ON INSURANCE, OTHER ORDINANCES

New Delhi: The Narendra Modi-led National Democratic Alliance (NDA) government had to abandon the attempt to have a joint sitting of Parliament to... ...

http://www.ipanewspack.com/financial-sector-2/centre-climbs-down-on-insurance-other-ordinances/
The first microfinance institution exclusively for water and sanitation targets rural Tamil Nadu

The poet W.H. Auden wrote that, thousands have lived without love, no one without water. One canadd that if water is to survive, clean water is to... ...

http://social.yourstory.com/2015/02/guardian-microfinance/
How Equitas turns poor people into successful entrepreneurs

Pushpal Shinde now earns some Rs 50,000 a month by selling washing powders under the brand SARA. Image: Empowering women to run own business.... ...

http://www.rediff.com/money/report/pix-special-how-equitas-turns-poor-people-turn-into-successful-entrepreneurs/20150224.htm

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