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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......

Why banks are against corporates in banking

Banks have advised the Reserve Bank of India against allowing industrial houses to enter banking space, even as industry associations, NBFCs and MFIs have been in favour of corporates into banking.......

Web results for Nbfc Mfi

MFIN

As institutions that primarily provide micro-credit to low income households, MFIs have a well-defined role in the formal, RBI regulated, financial... ...

http://www.indiainfoline.com/Markets/News/NBFC-MFIs-are-distinct;-no-linkages-with-chit-funds-MFIN/5667947593

Muthoot Fincorp aims doubling MFI biz to Rs 600 cr in FY14

Gold loan major Muthoot Fincorp, the flagship brand of diversified Muthoot Pappachan Group, is targeting to nearly double its micro-lending... ...

http://www.mydigitalfc.com/news/muthoot-fincorp-aims-doubling-mfi-biz-rs-600-cr-fy14-416

Caspian Advisors Launches New Fund

Industry : Banking/Financial Services Category : DEBT Hyderabad-based Caspian Advisors Pvt. Ltd has launched a $40 Mn (R218 Cr) debt fund. S.... ...

http://www.dealcurry.com/20130416-Caspian-Advisors-Launches-New-Fund.htm

SKS Microfinance seals fresh loan securitisation worth $41M

Besides funds raised through securitisation, SKS raised incremental debt of $311 mn and fresh equity of $48.7 mn in FY13. SKS Microfinance Limited... ...

http://www.vccircle.com/news/micro-finance/2013/04/01/sks-microfinance-seals-fresh-loan-securitisation-worth-41m

Janalakshmi and Manipal Global Education Services Launch Janalakshmi-Manipal Institute of Financial Inclusion

Janalakshmi Financial Services Pvt. Ltd.(JFS) and Manipal Global Education Services (MaGE) announced today the launch of Janalakshmi-Manipal... ...

http://www.andhranews.net/India/2013/Janalakshmi-Manipal-Global-Education-Services-Launch-383.htm

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Rediff News

Nbfc Mfi

News for Nbfc Mfi

Microfinance institutions forced to sell cycles

NBFCs lose priority sector tag, see red

MFIs need social MF

Malegam panel caps MFI interest at 24%

Why banks are against corporates in banking

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