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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......

RBI gives borrowers additional 60 days to repay loans

This relaxation is available to entities running working capital accounts with any bank with the sanctioned limit of Rs 1 crore or less In view of cash crunch being faced by borrowers, Reserve......

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......
  Web results for Nbfc Mfi
Super Summary of RBI circulars of demonetization

Provision of Exchange Facility of SBN: 08.11.2016: RBI/2016-2017/112 The SBN of aggregate value of ₹4,000/- or below may be exchanged for... ...

http://www.caclubindia.com/articles/super-summary-of-rbi-circulars-of-demonetization-28786.asp
MFI Collection rate drops

The recent demonetisation drive by the government has resultedin a fall in collection rates for Microfinance Institutions (MFIs), according to CARE... ...

http://www.indiainfoline.com/article/news-top-story/demonetisation-another-victim-of-demonetisation-mfi-collection-rate-drops-117010700197_1.html
The new lending game, post-demonetisation

Agarwal says the startup's proprietary algorithm calculates more than 10,000 data points for each applicant.One variable is the call history. If we... ...

https://www.techgig.com/tech-news/editors-pick/The-new-lending-game-post-demonetisation-85204
Alternative lending is touted to be one of the hottest sectors for this year

Consider two young professionals Vikram and Priyanka, both with similar backgrounds in terms of income and education and living in a metro city... ...

http://economictimes.indiatimes.com/small-biz/policy-trends/cash-crunch-alternative-lending-is-touted-to-be-one-of-the-hottest-sectors-for-this-year/articleshow/56362799.cms
Muthoot Fin ups stake in subsidiary Belstar to 64.6%

Muthoot Finance has raised its stake further in subsidiary firm Belstar Investment and Finance Pvt Ltd (BIFPL) to 64.60 per cent. Earlier,... ...

http://www.thehindubusinessline.com/money-and-banking/muthoot-fin-ups-stake-in-subsidiary-belstar-to-646/article9453139.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

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