KR SrivatsMicrofinance Institutions Network (MFIN), an RBI-approved self-regulatory organisation for the NBFC-MFI industry, is in the process of setti ...https://www.thehindubusinessline.com/money-and-banking/mfin-aims-to-set-up-steering-committee-to-administer-code-for-responsible-lending/article29973817.ece
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
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
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
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
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