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Janalakshmi Financial Services

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Note ban: MFIs seek more time for loan repayments

In December 2016, RBI had granted additional 60 days for repayment of certain loans With disruptive influence at local level continuing to impact repayments, the Microfinance Institution Network......

How 23 new banks will make an impact in India

RBI is planning to come up with 'on tap' licences which means there will not be any cut-off date for applying for the licences. The niche banks - small finance and payments banks -have been set up......

RBI names 10 companies to set up microfinance banks

Ten entities, including Ujjivan Financial Services and Equitas Holdings, today got RBI's approval to set up Small Finance Banks to provide basic banking services to small farmers and micro......

Bandhan is reborn as a bank

For India’s leading MFI-turned bank, the challenge is to stay competitive while pricing its loans While launching Kolkata-based Bandhan Financial Services' full-fledged commercial banking......

Dept of Post, Mahindras, Sun Pharma join banking race

The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche......

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