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SIDBI gets Rs 265 crore from DFID for capacity building of Microfinance...

The Small Industries Development Bank of India (SIDBI) has received a fresh £36 million commitment from UK’s Department for International Development (DFID) to kick off an inclusive growth projects in...

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Bandhan Microfinance reaches more than 51,000 families in Maharashtra

Bandhan Microfinance , one of the leading MFIs in India, attained a new landmark when it touched the lives of 51,000 families in a short span of about 2 years. Till now it has disbursed around Rs 66...

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Andhra Pradesh Microfinance Institutions Ordinance 2010 comes into force

Today the Governor of Andhra Pradesh E S L Narasimhan gave his assent to the Andhra Pradesh Microfinance Institutions (regulation of money lending) Ordinance, 2010 thus making it into a law which would...

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Microfinance Operations come to a grinding halt in Andhra Pradesh

MFI activities in AP come to a halt The activities of microfinance institutions (MFIs) in Andhra Pradesh have come to a grinding halt, following an ordinance issued by the state government last week...

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MIX releases 2009 MFI Benchmarks

The 2009 MFI Benchmarks cover financial and performance data from more than 1,000 MFIs (microfinance institutions) throughout Asia, Africa, the Middle East, Eastern Europe and Latin America for the...

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Grameen Foundation starts Certification Program for MFI’s

Certified MFIs Can Report Results on the Microfinance Information Exchange .  ESAF Microfinance is the first MFI in India to become certified in the pilot project. Grameen Foundation yesterday launched...

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Microfinance Fire – Rahul Gandhi cancels AP visit

TDP steps up its attack on AICC general secretary Rahul Gandhi over the microfinance institutions (MFIs) issue. Rahul Gandhi heaped praise on microfinance institutions like SKS. Is it because SKS...

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What’s wrong with Microfinance Institutions in India ?

By Rajan Alexander The views expressed in the below article are those of the authors and do not necessarily reflect the views of IMBN. IMBN is a platform for the microfinance community in India, if you...

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MFIs in India agree to reduce interest rates to 24 percent

Micro finance companies on Thursday agreed to reduce interest rates they charged from borrowers to 24 per cent after a meeting with financial services secretary R Gopalan here. A cut in rates comes...

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MFI’s in Andhra gear up for visit by RBI Delegation

Microfinance institutions (MFIs) operating in Andhra Pradesh are said to be preparing to showcase a feel good state of affairs for the Reserve Bank of India (RBI) delegation that is expected to visit...

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M-CRIL Microfinance Review 2010 – Report on Microfinance Institutions in India

Released in November 2010, the  M-CRIL Microfinance Review 2010 report provides a comprehensive analysis of the growth and performance of microfinance institutions in India. This series of reviews...

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Grameen Foundation to support strategic human capital practices in India

Initiative Will Provide Model for Global Microfinance Industry Grameen Foundation today announced it is increasing efforts to improve human capital management strategies at socially-focused...

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Ujjivan emerges as best company to work for in the Microfinance Industry

Ujjivan has ranked Number 1 for the second time, as the Best Company to Work for in the Microfinance Industry, in  the 2011 India’s Best Companies to Work for Survey. Ujjivan was also ranked amongst...

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ET Now – Report on Draft India Microfinance Bill 2011 and state of sector today

Last week, ET Now broadcast a report on the state of the Microfinance sector in India with comments from leading microfinance practitioners on the draft microfinance bill. The video report contains...

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Indian Microfinance Bill hits Rural Ministry roadblock – News Digest

Microfinance Bill hits roadblock The Union Ministry of Rural Development has raised objections to some of the key proposals mentioned in the draft Bill which was released in July in the wake of crisis...

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Interview with Chairperson and CFO of SKS Microfinance – News Digest

Q&A: Puranam Hayagreeva Ravikumar, SKS Microfinance Puranam Hayagreeva Ravikumar, who takes over as SKS Microfinance’s new non-executive chairperson-interim with immediate effect, has also been the...

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Microfinance Review 2011 – M-CRIL report on Indian MFI’s

M-CRIL, a global leader in the financial rating of MFI’s and sectoral advisory services has released it’s latest report on the Indian microfinance industry titled M-CRIL Microfinance Review 2011. The...

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MFIs redesigning business models a year after Andhra crisis : CRISIL

RBI’s recent revision in provisioning norms unlikely to impact MFIs’ profitability A year after the Government of Andhra Pradesh (Andhra) promulgated its ordinance for microfinance institutions (MFIs),...

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US Spending Cuts – Impact on the Indian Economy

US Spending Cuts: what’s in store in the next seven months? The US government on Friday (March 1, 2013) announced its programme of “sequestration”, thereby cutting back on $ 85…read more →The post US...

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NBFC License and microfinance portfolio for sale

An India based NBFC (Non Banking Financial Company) registered with Reserve Bank of India as a Non-Deposit Accepting (Category-A) company is available for acquisition.  The company has operations in...

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