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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......

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......
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Microfinance institutions have witnessed a gross loan growth of 69% in the previous quarter

Microfinance institutions (MFIs) saw a healthy 69 per cent growth in their gross loan portfolio at Rs 42,106 crore in the April June quarter... ...

http://yourstory.com/2015/08/microfinance-growth-previous-quarter/
Satin Creditcare gets approval for NSE listing

NEW DELHI: Micro-finance firm Satin Creditcare Network Limited today said it has received approval for listing of shares on the NSE. "...... ...

http://economictimes.feedsportal.com/c/33041/f/534022/s/49502b63/sc/21/l/0Leconomictimes0Bindiatimes0N0Cmarkets0Cstocks0Cnews0Csatin0Ecreditcare0Egets0Eapproval0Efor0Ense0Elisting0Carticleshow0C486857810Bcms/story01.htm
Bandhan Joins Indian Banking League

KOLKATA: The country's 149th schedule commercial bank - Bandhan Bank - started operations here on Sunday. Initially, it will focus on small and... ...

http://www.newindianexpress.com/business/news/Bandhan-Joins-Indian-Banking-League/2015/08/24/article2990097.ece
Centre clears Rs 10,000 crore FDI

Foreign Investment Promotion Board (FIPB) on Thursday gave a green nod to 23 foreign investment proposals, which will result in inflow of foreign... ...

http://www.asianage.com/business/centre-clears-rs-10000-crore-fdi-901
IFMR Capital executes Rs 150 cr NCD for Janalakshmi

NBFC IFMR Capital has executed the issuance of senior secured Non-Convertible Debentures aggregating to Rs 150 crore for Bagalore-based Janalakshmi... ...

http://www.mydigitalfc.com/companies/ifmr-capital-executes-rs-150-cr-ncd-janalakshmi-224

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