User: leigh Topic: Micro Credit
Category: MFIs
Last updated: Oct 15 2018 14:41 IST RSS 2.0
 
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Satin Creditcare partners with IndusInd Bank 15.10.2018 Sify Finance
Satin Creditcare Network Limited, the second largest microfinance company in India, has entered into a strategic Business Correspondent (BC) partnership with IndusInd Bank.
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Satin Creditcare Network partners with IndusInd Bank for secured lending 13.10.2018 Zee News : Business
SCNL has also diversified into housing finance and BC partnerships with other banks/NBFC.
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Why toilets remain aspirational for the urban poor despite subsidies 1.10.2018 Sify Finance
/IANS) A 65 per cent shortfall in subsidies is affecting Maharashtra's push to ensure a toilet in every urban household under the Swachh Bharat Mission, the nationwide cleanliness campaign, according to a study by CEPT University, Gujarat.
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Search On For Bank Manager Kidnapped In Bihar's Sheikhpura District 30.9.2018 NDTV News - Cities
Police in Bihar today continued to search for a bank manager who was abducted three days ago.
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Bank Manager Abducted In Bihar's Sheikhpura District 28.9.2018 NDTV News - Cities
Unidentified miscreants abducted a bank manager while he was returning home from office in Sheikhpura district, the police said on Friday
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Aye Finance to double its employee strength by end of 2018 22.9.2018 Sify Finance
[India], Sep 22 (ANI): Aye Finance, the fintech leader in the MSME lending space will be doubling its team size in the current financial year, taking its number of employees to 1800.
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Satya MicroCapital raises Rs. 40Cr to scale operational base 22.9.2018 Sify Finance
[India], Sep 22 (ANI): Satya MicroCapital, the fastest growing Indian micro-finance institutions, has issued Non-Convertible Debentures (NCDs) worth Rs. 40 crore from Microfinance Enhancement
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Governor stresses development of MSME sector 17.9.2018 The Assam Tribune
Governor stresses development of MSME sector
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Satya MicroCapital raises Rs. 34Cr from BlueOrchard 10.9.2018 Sify Finance
Micro-financing group, Satya MicroCapital has announced raising of funds worth Rs. 34 crore from leading Swiss impact investment manager BlueOrchard Finance Ltd. for
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Education can be affordable... This Delhi school proves it 5.9.2018 Rediff: News
Sunshine Schools are looking to attract interest from members of the urban 'aspirational' class -- vegetable vendors, security guards, drivers, etc -- who cannot afford the fees charged by budget private schools.
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More clusters soon for MSME sector in Rajasthan 21.8.2018 DNA: Money
The state may soon get seven new clusters for medium and small industries. The industries department has proposed a series of measures to ensure development of new clusters over the next one month. “Development of the clusters will be ensured through a target based work plan and weekly or fortnight reviews so that new clusters can be developed in next one month,” said industries commissioner Samit Sharma.  These clusters are proposed under a center aided scheme and detailed project report of a few of these has been pending for approval for over an year.  Secretary for Medium, Small and Micro Enterprises (MSME) Naveen Mahajan and Industries commissioner Samit Sharma took cognisance of the issue during a meeting on Monday.  “Under the central government scheme, 36 clusters have developed at Tamil Naidu, 7 at Haryana and many more at several other states. We need to ensure its benefit for industries at Rajasthan,” said Mahajan.  He instructed the officials to submit report on the constitution of the ...
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MSME worst hit by GST, Demonetisation, says RBI study 18.8.2018 Sify Finance
[India], Aug 18 (ANI): A recent study by the Reserve Bank of India (RBI) has noted that the Micro, Small and Medium Enterprises (MSMEs) have been adversely hit by the Goods and Services Tax (GST)
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Note-ban, GST pulled down credit to MSMEs, dented exports: RBI study 18.8.2018 DNA: Bangalore
Note-ban, GST pulled down credit to MSMEs, dented exports: RBI study
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Oracle launches new batch of startups for Cloud Accelerator program 13.8.2018 Central Chronicle
New Delhi/Bengaluru, Technology major Oracle on Monday announced a new batch of high potential startups for its Startup Cloud Accelerator program in India. This is the fourth consecutive batch in Bengaluru, where Oracle’s global startup program was first piloted successfully, and the second consecutive batch in Delhi and Mumbai. Shortlisted from among several hundred applicants, these […]
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Jan Dhan account benefits to free accident cover, sops PM Modi may announce on Independence Day 12.8.2018 Zee News : India National
The government may announce attractive micro insurance scheme on the occasion and free accident cover under the RuPay Card holders could be increased from Rs 1 lakh.
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Big push for financial inclusion drive expected in PM Modi's I-Day speech 12.8.2018 DNA: Recent Columns
Prime Minister Narendra Modi is expected to announce benefits for about 32 crore Jan Dhan account holders in his Independence Day address this week to provide a boost to the government's financial inclusion drive, official sources said. There could be a doubling of overdraft facility to Rs 10,000 under the Pradhan Mantri Jan Dhan Yojana (PMJDY) account holders as part of the government's effort to fund the unfunded, they said. Besides, the government may announce attractive micro insurance scheme on the occasion, the sources said. The free accident cover under the RuPay Card holders could be increased from Rs 1 lakh. The Phase II of PMJDY will come to an end on August 15 and the scheme would be due for a revamp with further goals, the sources said, adding that the Prime Minister's Independence Day speech would be the best platform to make announcement. PMJDY, the flagship financial inclusion drive, was launched in August 2014. The first phase ended on August 14, 2015 was focussed on opening basic bank ...
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Ready-to-assemble homes provider wins Samsung start-up award 10.8.2018 Sify Finance
Jaipur-based Hexpressions, which offers affordable, ready-to- assemble homes made out of composite paper honeycomb panels was the winner of the Samsung Global Startup Acceleration Program award and was given a prize of Rs 200,000, the South Korean tech giant said on Friday.
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Employment Guarantee Scheme 6.8.2018 Govt of india: PIB
            Employment generation coupled with improving employability is the priority concern of the Government. Ministry of Rural Development has been implementing ‘The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), 2005’ which provides at least one hundred days of guaranteed wage employment in every financial year to every household whose adult members volunteer to do unskilled manual work.
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Satya MicroCapital receives funding of Rs. 43 Cr by Gojo & Co. 6.8.2018 Sify Finance
[India], Aug 6 (ANI): Micro-finance company Satya MicroCapital Limited on Monday announced raising of funds worth Rs. 43 crores in its latest equity funding round led by Gojo & Company, Inc.
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वित्तीय समावेशन सरकार की सबसे बड़ी कामयाबी- राजनाथ सिंह 4.8.2018 Govt of India: PIB Hindi
गृह मंत्री राजनाथ सिंह ने कहा है कि ग्रामीण बैंक देश की बैंकिंग व्यवस्था की रीढ़ हैं। लखनऊ में ग्रामीण बैंक ऑफ आर्यावर्त द्वारा सभी ऋण खाता धारकों के लिए शुरू की गई निशुल्क आर्यावर्त दुर्घटना सह विकलांगता बीमा योजना का विमोचन करते हुए गृह मंत्री ने कहा कि ऐसी योजनाओं का विशेष महत्व है।
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