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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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Some Macro Changes For Microfinance

The usurious moneylender was well-known, even in colonial times. The ryot cannot cultivate without borrowing because his crop goes largely to the... ...

http://www.outlookindia.com/article/some-macro-changes-for-microfinance/294127
Microfinance sector poised to grow robustly in five years

The microfinance sector, which is seen as a vehicle of financial inclusion, has seen a boom over the past year as government has laid more emphasis... ...

http://www.vccircle.com/news/micro-finance/2015/04/17/microfinance-sector-poised-grow-robustly-five-years
institutional investors see investment merit in NBFCs, MFIs

Institutional investors in the debt market are gradually gaining confidence about looking beyond traditional government and highly-rated corporate... ...

http://www.thehindubusinessline.com/markets/coming-of-age-institutional-investors-see-investment-merit-in-nbfcs-mfis/article7089885.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Borrowers to get more time as microfinance defaults fall

The microfinance industry is moving towards monthly and biweekly collections even as weekly collections still remain the foremost method to collect... ...

http://www.mydigitalfc.com/knowledge/borrowers-get-more-time-microfinance-defaults-fall-276
Hasmukh Adhia

Financial Services Secretary Hasmukh Adhia (Photo credit: PIB) MUDRA has been registered as company and an NBFC under RBI New Delhi: A legislation... ...

http://dc.asianage.com/business/mudra-bill-be-parliament-within-6-12-months-hasmukh-adhia-278

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