Last Updated: Thursday, July 9, 2015, 19:09
Microfinance institutions in the country plan to raise incremental capital of around Rs 20,000 crore over the next 18 months, an industry association official announced here today.
Last Updated: Tuesday, April 7, 2015, 21:26
The Reserve Bank Tuesday allowed Micro Finance Institutions (MFI) to lend up to Rs 1 lakh to small borrowers.
Last Updated: Wednesday, November 28, 2012, 22:04
Micro-finance institutions need to explore the option of raising funds from the capital market and take advantage of the government schemes for investment purposes, a top finance ministry official said Wednesday.
Last Updated: Tuesday, April 10, 2012, 18:33
Microfinance Institutions Network (MFIN) on Tuesday sought RBI's intervention to enable micro lenders to collect their Rs 7,000 crore dues, which is stagnated since November 2010 in Andhra Pradesh.
Last Updated: Wednesday, March 21, 2012, 15:45
The Reserve Bank has deferred the deadline on implementation of asset classification and provisioning norms for non-banking financial company-micro finance institutions (NBFC-MFIs) to April 1, 2013 from April this year.
Last Updated: Sunday, March 18, 2012, 17:26
The crisis-ridden microfinance sector has welcomed the budgetary announcement to table the new MFI Bill, saying the regulatory clarity will help in the resumption of bank funding.
Last Updated: Tuesday, December 14, 2010, 23:51
The Andhra Pradesh Assembly tonight passed a Bill that is aimed at regulating the working of microfinance institutions (MFIs) in the state.
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