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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

The idea of floating a microfinance institution (MFI) was originally pushed by the SNDP Yogam in its council meeting way back on November 22, 2003... ...
Short-term MFI credit limit doubled to Rs 30,000

In a boost to micro finance borrowers, the Reserve Bank of India (RBI) has raised borrower limit to Rs 30,000 for short duration (less than 24... ...
SKS Microfinance goes paperless with IBM MobileFirst solution

In view of this the Sangam Manager is able to do six center meetings per day as against the earlier five, registering a 20% increase in field... ...
IBM Helps SKS Microfinance Boost Field Productivity

SKS Microfinance Limited, an NBFC-MFI registered with the RBI, completed thedeployment of IBM MobileFirst solution for enhanced customer service... ...
NBFC-AFCs body for I-T exemptions at par with banks

NEW DELHI: Finance Industry Development Council (FIDC), the self regulatory body for NBFCs-AFCs, has demanded the Finance Ministry to bring it at... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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