User: leigh Topic: Micro Credit
Category: MFIs
Last updated: Jun 19 2013 19:28 IST RSS 2.0
 
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MFI delinquencies down 33% in last 6 months: Equifax 19.6.2013 HBL: Banking
Micro-lenders in the country, which were finding the going tough on credit quality, have witnessed a 33 per cent improvement in delinquency by number of accounts, credit information company Equifa...
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Grameen Bank’s proposed split sparks criticism in Bangladesh 19.6.2013 Hindu: News
A Bangladeshi commission has proposed the Government takeover or split of the Nobel award-winning Grameen Bank into 19 parts,
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New micro enterprises to enjoy entry tax waiver in Odisha 19.6.2013 Latest News
New micro and small enterprises in Odisha will now be exempted from payment of entry tax on purchase of raw material and also on acquisition of plant and machinery with the state government approving an amendment in the existing Industrial Policy ...
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B'desh: Grameen Bank's Proposed Split Sparks Criticism (Cached) 19.6.2013 Outlook Wires

A Bangladeshi commission has proposed the government takeover or split the Nobel-award-winning Grameen Bank into 19 parts, sparking criticism with several analysts fearing it to be a systematic move to destroy the pioneering micro lending agency.

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Grameen Bank’s proposed split sparks criticism 19.6.2013 HBL: Home
A Bangladeshi commission has proposed the Government takeover or split the Nobel-award-winning Grameen Bank into 19 parts, sparking criticism with several analysts fearing it to be a systematic mo...
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MFI delinquencies down 33% in last 6 months: Equifax 19.6.2013 Financial Chronicle
Micro-lenders in the country, which were finding the going tough on credit quality, have witnessed a 33 per cent improvement in delinquency by number of accounts, credit information company Equifax said today. "The delinquency by number of accounts that are more than 30 days outstanding has declined by more than 33 per cent from above 1.5 per cent in mid 2012 to around 1 per cent in April 2013," Equifax said in a statement issued here. Equifax Credit Information Services said its membership base exceeds over 100 MFIs or over 90 per cent of the NBFC-MFI industry. "The decline in delinquency rates is great news for Indian Microfinance and Banking industry," Equifax's managing director and chief executive Sanjay Patel said, claiming that use of credit bureaus and related tools has helped the sector. Problems for the MFIs started around three years ago, after alleged suicides by some borrowers in the state of Andhra Pradesh, which had the biggest concentration of business for the institutions. ...
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Sidbi's net profit increases 47.7% in FY13 18.6.2013 Latest News
The Small Industries Development Bank of India (SIDBI) has posted a net profit of Rs 837 crore for the financial year 2012-13, which is 47.7% higher than Rs 567 crore in the previous financial year
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Bangladeshs pioneering bank faces uncertain future (Cached) 18.6.2013 Hindustan Times: World
Bangladeshs pioneering bank faces uncertain future
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Gehlot approves setting up of State Cooperative Micro Finance and Development Corporation (Cached) 18.6.2013 CNN-IBN: India
Rajasthan Chief Minister Ashok Gehlot on Monday approved the setting up of a State Cooperative Micro Finance and Development Corporation (SCMFDC) for better linkages between self-help groups and banks in rural areas. CM has provided a contributory grant of Rs 100 cr for this corporation. Gehlot had made this announcement in the state's Budget of 2013-14 for creditability of self-help groups, an official statement said here.
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Shock over pilferage of premiums 18.6.2013 Hindu: Home
Soon after three non-governmental organisations (NGOs) were booked for siphoning off Life Insurance Corporation (LIC) premiums contributed by poor farmers in Hassan district, similar cases have su...
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Kudumbashree's need-based support plan for Attapadi (Cached) 18.6.2013 TOI: Thiruvananthapuram
Kudumbashree's need-based support plan for Attapadi
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सरकार पूंजीपतियों को पहुंचा रही है फायदा (Cached) 17.6.2013 दैनिक भास्कर
सरकार पूंजीपतियों को पहुंचा रही है फायदा
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Add briefly 17.6.2013 The Hindu: Today's Paper
Add briefly
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ग्रामीण बैंक एम्पलाइज अधिवेशन आज से (Cached) 15.6.2013 दैनिक भास्कर
ग्रामीण बैंक एम्पलाइज अधिवेशन आज से
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बैंक में लगी आग, नोट काउंटिंग मशीन जली (Cached) 15.6.2013 दैनिक भास्कर
बैंक में लगी आग, नोट काउंटिंग मशीन जली
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Three held on charge of cheating rural investors 13.6.2013 The Hindu: Today's Paper
Three held on charge of cheating rural investors
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3 held among 29 booked for cheating LIC policy holders 13.6.2013 deccanherald.com
3 held among 29 booked for cheating LIC policy holders
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World Bank ropes in ESAF Micro for marketplace initiative 12.6.2013 HBL: Home
The World Bank Group has chosen Thrissur-based ESAF Microfinance as one of the 20 beneficiaries for executing its India Development Marketplace initiative. The initiative is aimed at sca...
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विरोध के चलते अलग से हुए चुनाव (Cached) 12.6.2013 दैनिक भास्कर
विरोध के चलते अलग से हुए चुनाव
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NGOS DUPE LIC DEPOSITORS (Cached) 12.6.2013 Star of Mysore
NGOS DUPE LIC DEPOSITORS
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