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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......

Analysts remain selective about space-related stocks

Recently, the government relaxed foreign direct investment (FDI) norms for the space sector by allowing 100 per cent FDI in manufacture of components, systems or sub-systems for satellites, ground......

Prospects remain healthy for NBFCs, bank credit shows a strong trend

While rising interest rates and tighter liquidity are giving negative signals for the financial sector, increasing economic activity could mean higher business volumes for lenders. Photograph:......

RBI allows microfinance lenders to fix interest rates

The Reserve Bank of India (RBI) on Monday allowed microfinance lenders to fix interest rates on loans with a rider that those should not be usurious for the borrowers. Photograph: Adnan......

MFIs' collections rebound in a big way, but delinquencies may surge

A vast majority of borrowers are in the essential services’ supply chain with tiny and micro businesses, and this has sprung back. Illustration: Dominic Xavier/Rediff.com Micro-finance......

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