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When will distressed farmers get help, Sena asks Centre

Taking a sceptical view of Micro Units Development Refinance Agency Yojana launched by the Centre to support farming and micro-level enterprises, Shiv Sena on Monday sought to know when the......

Normalcy returning for shadow lenders, albeit slowly

For smaller MFIs, resuming operations is more difficult because they haven’t got any fresh bank credit sanctioned from their lenders. Illustration: Uttam Ghosh/Rediff.com With the government......

Why it makes sense for banks to lend to MSMEs

'In times of recovery, we may see a rural-urban divide with the urban pockets affected more by COVID-19, but the MFI business model should encourage banks to handhold them in this hour of crisis,'......

RBI may cut rates by 75 bps in FY21: Fitch Solutions

The disruptions caused by COVID-19 have more severely impacted small and mid-sized corporates, including NBFCs and MFIs, in terms of access to liquidity. Illustration: Dominic Xavier/Rediff.com......

The Risk-Taker

'An entrepreneur should always remain under pressure or he will die,' Vineet Rai tells Anjuli Bhargava.Illustration: Dominic Xavier/Rediff.com In 2001, when the world was in the throes of......

Housing finance cos to get Rs 20K cr liquidity support

The Rs 20,000 crore is in addition to Rs 10,000 crore support announced earlier by the housing sector regulator NHB. The government on Friday announced an additional Rs 20,000-crore liquidity......

Sexy necklines this summer

Ever been a slave for fashion? Especially Bollywood fashion? Well, here is a trend that might just catch on. The trend in question is funky necklines which these celebs them carry off with......

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Normalcy returning for shadow lenders, albeit slowly

For smaller MFIs, resuming operations is more difficult because they haven’t got any fresh bank credit sanctioned from their lenders.... ...

http://www.rediff.com/money/report/coronavirus-normalcy-returning-for-shadow-lenders-albeit-slowly/20200522.htm

Why it makes sense for banks to lend to MSMEs

'In times of recovery, we may see a rural-urban divide with the urban pockets affected more by COVID-19, but the MFI business model should... ...

http://www.rediff.com/money/column/why-it-makes-sense-for-banks-to-lend-to-msmes/20200519.htm

MFI industry hopes repayments to start from June

The government had announced a special liquidity support of Rs 30,000 crore with its guarantee, and the Rs 45,000 crore partial credit guarantee... ...

https://economictimes.indiatimes.com/small-biz/sme-sector/mfi-industry-hopes-repayments-to-start-from-june/articleshow/75754435.cms

Axis Bank expects downgrades in FY21; key highlights of concall

Bank has not given moratorium to any NBFC nor has it been approached barring MFI classified as NBFC. ...

https://www.moneycontrol.com/news/results/axis-bank-expects-downgradesfy21-key-highlightsconcall_13720261.html

IndusInd Bank share price gains 6% ahead of Q4 earnings

Sharekhan feels operating parameters may remain under pressure, due to deposits decline and impact on rural/MFI segments. ...

https://www.moneycontrol.com/news/buzzing-stocks/indusind-bank-share-price-gains-6-aheadq4-earnings_13711941.html

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Mfi

News for Mfi

When will distressed farmers get help, Sena asks Centre

Normalcy returning for shadow lenders, albeit slowly

Why it makes sense for banks to lend to MSMEs

RBI may cut rates by 75 bps in FY21: Fitch Solutions

The Risk-Taker

Housing finance cos to get Rs 20K cr liquidity support

Sexy necklines this summer

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