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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......

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......

'Fresh start', a big challenge facing the microfinance industry

The origin of the challenge is the so-called 'fresh start' process.Many in the MFI industry apprehend that such a law in India will encourage small unsecured borrowers to default and destroy the......

'Fresh start', a big challenge facing the microfinance industry

How NBFC-MFIs managed to raise 26,200 crore in securitisation deals in FY19

One of the factors behind the rise in securitisation deals was State Bank of India’s (SBI) decision to buy portfolio worth Rs 45,000 crore from NBFCs. Illustration: Uttam Ghosh/Rediff.com......

The dark side to 100% electrification of India

India has achieved 100 per cent electrical connectivity, but 100 per cent electrification remains a long-drawn task, says Shreya Jai. Photograph: Vasily Fedosenko/Reuters The first time since......

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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ICICI Securities

Captains at MFI firms believe that said that the slowdown is not felt in their sector as they finance making of goods for conspicuous consumption.... ...

https://economictimes.indiatimes.com/industry/banking/finance/indias-microfinance-sector-remained-strong-despite-slowdown-icici-securities/articleshow/71542858.cms

RBI increases income & loan limits for NBFC-MFI

In the wake of the Andhra Pradesh micro finance crisis in 2010, a Sub-Committee of the Central Board of the Reserve Bank was constituted to study... ...

https://economictimes.indiatimes.com/small-biz/sme-sector/rbi-increases-income-loan-limits-for-nbfc-mfi/articleshow/71436171.cms

Increased eligibility, lending limits for NBFC-MFI borrowers

The lending limit has been increased to Rs 1.25 lakh from Rs 1 lakh per eligible borrower ...

https://www.moneycontrol.com/news/economy/rbi-policy-increased-eligibility-lending-limits-for-nbfc-mfi-borrowers_13043741.html

RBI issues draft guidelines for licensing SFBs ‘on-tap’

As per RBI's 'on tap' licence guidelines, NBFCs, MFI and local area banks can convert into small finance banks. PTI | Updated: Sep 14, 2019, 07.31... ...

https://economictimes.indiatimes.com/markets/stocks/news/rbi-proposes-rs-200-crore-minimum-capital-for-small-banks-under-on-tap-licence-regime/articleshow/71121804.cms

Satya MicroCapital raises Rs 28.5 crore through NCDs

Satya MicroCapital is an NBFC-MFI that offers collateral-free credit to micro enterprises ...

https://www.thehindubusinessline.com/money-and-banking/satya-microcapital-raises-rs-285-crore-through-ncds/article29322362.ece

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