|
- Working towards Financial Inclusion (7 September 2010)
India is keen to achieve financial inclusion to enable low-income group individuals participate in the financial system. ...
- Nominations for Microfinance India Awards 2010 (7 September 2010)
The ACCESS Development Services and The HSBC Ltd. would be presenting the Microfinance India Awards 2010 at the time of inauguration of the Microfinance India Summit in November this year. ...
- MFIs opting to raise capital through securitization (6 September 2010)
More and more MFIs are meeting their capital requirements via securitization. Many have raised funds by pooling their micro-loans and selling them as debt securities. ...
- Aavishkaar Goodwell sells its stake in Equitas to Canaan Partners (6 September 2010)
Aavishkaar Goodwell became the first institutional investor of Equitas by investing $1.5 million in the MFI in the year 2008. Canaan Partners, which is a Gobal venture capital firm, has now picked up part of stakes of Equitas from Aavishkaar Goodwell ...
- Unitus, Swadhaar and ACCION join hands on microfinance (3 September 2010)
Swadhaar, a Mumbai based MFI working on urban poor and Unitus a NPO working on solutions for global poverty have entered into a strategic partnership to come out with microfinance program. ACCION International which is a part of Unitus-ACCION Alliance for India would provide Swdhaar the technical assistance for the program. ...
- Barclays launches microfinance initiative across three continents (3 September 2010)
Barclays Banks as part of its CRS initiative, has announced to undertake a microfinance programme of Rs. 70 crore spanning through 11 countries in Asia, Africa and South America. The initiative is named ‘Banking on Change’. ...
- RBI remarks to strengthen NBFC supervision (2 September 2010)
The central bank is considering tightening control over NBFCs, which are presently less regulated than the banks. ...
- Loan outstanding of MFIs to touch Rs 23,000 crore in Financial Year 2010 (2 September 2010)
As per Sa-Dhan, the unmbrella organisation for MFIs with 232 members, the total loan outstanding of MFIs is likely to be touching Rs. 23,000 crore by the end of March 2011. It is going to be 78% higher than the previous year’s figures. ...
- MFIs consider to cut rates of interest by 2-3% (1 September 2010)
Owing to rising concern on high rates of interest, a large no. of MFIs have considered to reduce their rate of interest by 2-3% by March 2011. Most of the MFIs are presently charging interest somewhere in the range of 18-36%. ...
- Lok Capital and Aavishkaar Goodwell invest in equity base of Suryoday Microfinance (1 September 2010)
Suryoday has sought Series B equity funding from Lok Capital and Aavishkaar Goodwell worth Rs. 175 million ...
|
|
|
Visit M2i Trainings
