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Why upcoming small banks will change the banking landscape

A successful NBFC-MFI can support a return on equity of 15 per cent plus. The better public sector banks averaged a return on equity of just over 10 per cent in 2013-14, notes Subir Roy. The......

Small businesses can now avail loans from MUDRA

  Prime Minister Narendra Modi on Wednesday launched the MUDRA Yojana that will offer loans to 'fund the unfunded' self-employed as well as small businesses, up to Rs 10 lakh at low rate......

30 cr landless people to get jobs once land bill is passed: FM

About 30 crore landless people will get employment in the industrial corridors following amendments to the land acquisition bill, Finance Minister Arun Jaitley said on Wednesday. "I want to make a......

Microfinance industry coming back to life

After more than three years, the microfinance industry is attracting new players. In six-eight months, at least six new microfinance institutions (MFIs) have got membership of industry body MFIN......

Microfinance institutions forced to sell cycles

Some MFIs are morphing into cycle sellers and pawn shops, while others are dreaming of an IPO.Ever since microfinance became a dirty name - seen as a driver of suicides and the subsequent harsh......
  Web results for Nbfc Mfi
Origo Commodities plans to start agriculture focused NBFC in 2017

Origo Commodities has filed an application with RBI to start an NBFC to lend to farmers, and traders focused on agriculture sector; Origo expects... ...

http://www.livemint.com/Industry/C1ny42yhyjI6MInTKu06GL/Origo-Commodities-plans-to-start-agriculture-focused-NBFC-in.html
Annapurna MFI raises Rs 35 crore from Oikocredit

MUMBAI: A central-eastern India focused micro-lender, headquartered in Bhubaneswar, is pleased to announce the successful completion of equity... ...

http://economictimes.indiatimes.com/small-biz/sme-sector/annapurna-mfi-raises-rs-35-crore-from-oikocredit/articleshow/52884041.cms
RBI decides to simplify and rationalise the process of registration of new NBFCs

RBI stated that in order to make the process of registration of new NBFCs smoother and hassle free, the application form for registration of new... ...

http://www.indiainfoline.com/article/news-top-story/rbi-decides-to-simplify-and-rationalise-the-process-of-registration-of-new-nbfcs-116061700134_1.html
Swamy wants CBI probe against Raghuram Rajan

p his attack, BJP leader Subramanian Swamy on Wednesday demanded a CBI probe against RBI Governor Raghuram Rajan for violations in giving approval... ...

http://www.dailypioneer.com/nation/swamy-wants-cbi-probe-against-raghuram-rajan.html
Venture debt firm IntelleGrow raises $20 mn from Omidyar, others

Venture debt lender Jain Sons Finlease Ltd, which operates under the brand IntelleGrow, on Tuesday said it has raised Rs 134 crore ($20.14 million)... ...

http://www.vccircle.com/news/finance/2016/06/14/venture-debt-firm-intellegrow-raises-20-mn-omidyar-others

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