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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
Lafarge launches Housing Microfinance Academy in India

Lafarge, a world leader in building materials, launched the Indian chapter of Housing Microfinance Academy in Mumbai earlier this week. Introduced... ...

http://www.indiainfoline.com/article/news-business/lafarge-launches-housing-microfinance-academy-in-india-115052500241_1.html
MFIN

The aggregate gross loan portfolio (GLP) of microfinance institutions (MFIs) grew 61 per cent to Rs 40,138 crore for financial year 2014-15... ...

http://www.vccircle.com/news/micro-finance/2015/05/22/microfinance-gross-loan-portfolio-rose-61-fy15-mfin
Microcredit provided to over 30.50mn clients in FY15, up 29% yoy

Microfinance Institutions Network (MFIN) releases quarterly publication MicroMeter for the fiscal year ending 31st March 2015 Microfinance... ...

http://www.indiainfoline.com/article/news-top-story/microcredit-provided-to-over-30-50mn-clients-in-fy15-up-29-yoy-115052200715_1.html
Rajiv Lall

Rajiv Lall IDFC will do a soft-launch of its bank in June ahead of starting full-fledged operations in early-October. Rajiv Lall , chairman of... ...

http://wap.business-standard.com/article/finance/idfc-bank-will-generate-significant-profit-from-day-one-rajiv-lall-115052101075_1.html
Bandhan to bank on an army of executives for sales push

12,000 field workers carrying devises will help customers enroll without visiting branches; Plans to begin with 600 branches spread across 27... ...

http://www.dnaindia.com/money/report-bandhan-to-bank-on-an-army-of-executives-for-sales-push-2087629

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