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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
UNIONS, IBA AGREE ON 15% HIKE IN SALARIES; BANK STRIKE CALLED OFF

Mumbai: The 15% increase in salaries agreed to on Monday between the bank unions and the Indian Banks Association (IBA) amounts to an annual... ...

http://www.ipanewspack.com/financial-sector-2/unions-iba-agree-on-15-hike-in-salaries-bank-strike-called-off/
Bandhan to raise Rs 1,000 cr by end-March through securitisation

Related to : Kotak Mahindra Bank Ltd Kotak Mahindra Bank Ltd BSE 23 Feb 15 | 12:00 AM 1313.15 15.7 (1.21%) NSE 23 Feb 15 | 12:00 AM... ...

http://smartinvestor.business-standard.com/market/Compnews-296328-Compnewsdet-Bandhan_to_raise_Rs_1_000_cr_by_end_March_through_securitisation.htm
MFIs' portfolio reaches historic high of Rs 35k cr

The collective portfolio of microfinance institutions (MFI) is set to reach a historic high of Rs 35,000-36,000 crores, a growth of nearly 28 per... ...

http://www.business-standard.com/article/finance/mfis-portfolio-reaches-historic-high-of-rs-35k-cr-115021601078_1.html
Manappuram takes over Asirvad Micro Finance

Manappuram Finance Limited (MFL), a Kerala-based leading gold loan NBFC, has completed the formalities of its takeover of Asirvad Micro Finance... ...

http://www.business-standard.com/article/companies/manappuram-takes-over-asirvad-micro-finance-115021600585_1.html
Small loans business headed for big and fast gains

The microfinance sector is poised to witness big time action in the next four to five years. According to an India Ratings study, MFIs will grow at... ...

http://www.mydigitalfc.com/news/small-loans-business-headed-big-and-fast-gains-827

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