| Presence, growth of MFIs uneven, says survey | 27-OCT-09 |
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| The next leg of growth for microfinance institutions will come from places such as the north-east, said a report on the state of microfinance in India, released here today. |
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| 'The services MFIs are bringing to their clients are amazing' | 27-OCT-09 |
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| UN Secretary-General’s Special Advocate for Inclusive Finance for Development, Princess Máxima of Netherlands, opened the annual conference on microcredit in New Delhi. In an interview with Sreelatha Menon, she says competition alone can keep microfinance rates low. |
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| Equitas Micro Fin to raise Rs 100 cr via debt | 14-OCT-09 |
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| Equitas Micro Finance India P Ltd, a Chennai-based microfinance company, has lined up debt to the tune of Rs 100 crore from Small Industries Development Bank of India (Sidbi). |
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| MFIs' bad loans may triple: Crisil | 11-OCT-09 |
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| Bad assets of microfinance institutions (MFIs) are expected to triple to 1.5 per cent by March 2010 compared to the March 2009 level due to the economic slowdown which has hit the repayment capability of small borrowers, according to credit rating and research agency Crisil. |
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| Microfinance too faces the brunt of global crisis: Citi | 10-JUL-09 |
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| Far from being insulated from the economic mainstream as traditionally thought, microfinance too faces a fall in growth and fund flows because of the global recession and declining investor confidence, according to a survey sponsored by Citi Foundation. |
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| Bajaj Allianz invests Rs 50 cr in SKS Microfinance | 03-JUL-09 |
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| Bajaj Allianz, a leading insurer offering general and life insurance products, has made strategic investment of Rs 50 crore in SKS Microfinance, one of India’s largest microfinance institutions. The deal is the first-ever investment by an insurance company in an Indian Microfinance Institution (MFI) and signals an important steps in the evolution of SKS Microfinance, a statement said on Thursday. |
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| Banks focus on microfinance ops | 29-APR-09 |
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| Betting big on the fast-growing microfinance sector, leading private and foreign banks are all set to scale up their MFI operations in the country. |
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| Microfinance finds favour with PE players | 17-APR-09 |
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| Private equity players have made investments of $230 million in the microfinance sector in the last two years and the outlook for this segment looks upbeat as it provides a refuge from the global financial market turmoil. |
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| MFI Bandhan to raise Rs 600 cr in FY10 | 08-APR-09 |
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| West Bengal-based Bandhan, one of the largest micro-finance institution (MFI) in the non-banking finance company (NBFC) space, is planning to raise Rs 600 crore in the fiscal 2009-10, by selling agriculture loan to banks and debt. |
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| SKS issues Commercial Papers worth Rs 250 million | 25-MAR-09 |
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| SKS Microfinance, India’s largest and world’s fastest growing microfinance institution, has - for the first time in microfinance sector - issued Commercial Papers worth Rs.250 m. The papers are rated a high PR1 by CARE. |
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| Sreelatha Menon: Let MFIs die | 11-JAN-09 |
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| The Society for Elimination of Rural Poverty's massive network of self-help groups and their linkages with banks in Andhra Pradesh has done a great job of combating poverty. |
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| SIDBI to give Rs300cr to MFIs | 16-DEC-08 |
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| Small Industries Development Bank of India (SIDBI) is aiming a credit flow of around Rs 300 crore to the micro-finance institutions in Orissa by the end of 2010.
“SIDBI’s cumulative |
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| Liquidity crunch may hit business of MFIs | 19-OCT-08 |
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| Micro financing which has witnessed high double-digit growth in the past few years will take a hit owing to high cost of funds due to tight liquidity scenario across the world. |
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| SIDBI to provide Rs300cr to MFIs | 18-SEP-08 |
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| In a major push to the micro-finance movement in Orissa, the Small Industries Development Bank of India (SIDBI), providing capacity-building assistance to micro and small industrial units, targets to |
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