Microfinance institutions seek more refinance from DFIs in Union Budget
The industry has also urged the government to create a dedicated fund for MFIs which are financing water and sanitation projects.
Jan 28, 2020, 12:46 PM IST
Asset quality of microfinance institutions, small finance banks has improved: CRISIL
Asset quality of MFIs in Tamil Nadu, Kerala, Odisha, West Bengal and Bihar remained largely resilient despite demonetisation and its aftermath.
Feb 22, 2018, 20:02 PM IST
'Bill to address bankruptcy in fin sector in next Parliament session'
The government is likely to introduce in the monsoon session of Parliament a separate bankruptcy law to deal with insolvency in financial sector companies that include banks and NBFCs.
May 23, 2017, 20:15 PM IST
MFIs plan to raise Rs 20,000 crore over next 18 months
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.
Jul 09, 2015, 19:09 PM IST
Stakeholders' meet to discuss setting up Mudra Bank on March 25
Finance Ministry has called the first meeting of all stakeholders, including MSME and microfinance institutions, on March 25 for discussing formalisation of structure of the Rs 20,000-crore Mudra Bank.
Mar 22, 2015, 13:23 PM IST
Crisil sees 35% growth for MFIs, loan-book at Rs 45K-cr by FY15
The microfinance sector is likely to see buoyant growth in the medium-term and assets are set to reach Rs 45,000 crore by March 2016, says a report.
Jun 26, 2014, 21:01 PM IST
