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Microfinance Institutions Network

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Rajiv Ramakrishnan on UN panel

 Rajiv Ramakrishnan, an undergraduate at Brandeis University in Waltham, Massachusetts, has been doing his bit to help the United Nations achieve its Millennium Development Goals for the advancement......

RBI bars Navi Finserv, 3 other NBFCs from extending loans

 The Reserve Bank of India (RBI) has barred four non-banking finance companies (NBFCs), including two microfinance institutions (MFIs), from sanctioning and disbursing loans for charging exorbitant......

Banks turn cautious on lending to smaller microfinance players

 Commercial banks have turned cautious in lending to smaller microfinance institutions (MFIs), which has compelled the latter to borrow from non-banking financial companies (NBFCs) at much higher......

ATMs to loans: All eyes on the road for finance world

 A South Block and Mint Road tango is in the offing in 2025, foregrounded by deeper consultations with various stakeholders. Illustration: Dominic Xavier/Rediff.com In the Union Budget for......

'Money lending has become prudent and conservative'

 'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.' Illustration: Dominic Xavier/Rediff.com Microfinance institutions (MFIs) have become......

Microfinance industry coming back to life

 After more than three years, the microfinance industry is attracting new players. In six-eight months, at least six new microfinance institutions (MFIs) have got membership of industry body MFIN......

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