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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......

NBFCs lose priority sector tag, see red

Stocks of most non-banking finance companies (NBFCs) were on a crash course on Wednesday, with the Reserve Bank of India excluding loans given to the sector from the priority sector list.RBI on......

MFIs need social MF

The recent recommendations of the Malegam Committee have drawn attention from all quarters.Treating criticism and praise alike, the committee's chairman, Yezdi H Malegam, 77, a Board member of the......

Malegam panel caps MFI interest at 24%

The Malegam Committee, set up by Reserve Bank of India on Wednesday recommended a 24-per cent interest rate cap on microfinance loans to individuals. It also suggested creating a new category of......
  Web results for Nbfc Mfi
Report

After undergoing consolidation in the last few years, India's microfinance sector is likely to grow at 24 per cent over the next five years, a... ...

http://www.business-standard.com/article/pti-stories/microfinance-sector-likely-to-grow-at-24-over-5-yrs-report-115013001514_1.html
Satin Creditcare raises $10M from US-based WorldBusiness Capital through ECB

New-Delhi-based microfinance institution (MFI) Satin Creditcare Network Ltd has raised $10 million through external commercial borrowing (ECB),... ...

http://www.vccircle.com/news/micro-finance/2015/01/22/satin-creditcare-raises-10m-us-based-worldbusiness-capital-through-ecb
IFC may lend $40M to Sundaram BNP Paribas Home Fin, $35M to PTC India Financial

International Finance Corporation (IFC), the private sector investment arm of the World Bank, is ramping up its exposure to home finance and... ...

http://www.vccircle.com/news/finance/2015/01/22/ifc-may-lend-40m-sundaram-bnp-paribas-home-fin-35m-ptc-india-financial
Bandhan gets big backing from GIC, IFC

Singapore's sovereign wealth fund GIC is investing Rs 1,020 crore ($165.1 million) in India's top microfinance firm Bandhan Financial Services Pvt... ...

http://www.vccircle.com/news/finance/2015/01/20/singapores-sovereign-fund-gic-investing-165m-bandhan
IFC to take minority stake in Bandhan Financial Svcs & proposed new Bank

International Finance Corporation (IFC), World Bank's investment arm, is planning to acquire stakes in Bandhan Financial Services Pvt. Ltd and... ...

http://smartinvestor.business-standard.com/market/Compnews-289321-Compnewsdet-IFC_to_take_minority_stake_in_Bandhan_Financial_Svcs_proposed_new_Bank.htm

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