Jan. 20: State Bank of Hyderabad remains cautions on lending to microfinance companies until the volatile situation stablises. The bank currently has a small exposure of Rs 60 crore to micro lenders.

Jan. 20: After putting up a united fight against the Andhra Pradesh ordinance on the MFI sector, microfinance companies are divided over the RBI-appointed Malegam committee report, which was released

Mumbai, Dec. 22: Concerned over the possibility of repayment default by microfinance institutions to banks, the RBI on Wednesday asked the lenders to maintain funding lines to MFIs to prevent the prob

A bill to regulate microfinance institutions in Andhra Pradesh was tabled in the assembly Saturday.

The bill, which will replace the ordinance promulgated in October, was tabled by Minister for Legis

Dec. 9: The Prime Minister’s Economic Advisory Council chairman, Dr C. Rangarajan, has asked microfinance institutions (MFIs) to overhaul their “flawed” business model for sustainability. Stating t

New Delhi, Nov. 23: Amid crticism of MFIs for their coercive ways of functioning, the government on Tuesday said it will introduce a bill on the sector after taking into account the views of the Reser

Mumbai, Nov. 22: Amid the crisis in the micro finance industry, former Reserve Bank governor Dr Y. V. Reddy on Monday said the micro finance institutions (MFIs) should be regulated as they are no bett