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Micro Finance Institutions

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'Maharashtra's Economy Is Going Sri Lanka's Way'

'Maharashtra is virtually in a debt trap.' IMAGE: Then Maharashtra chief minister Eknath Shinde showers flower petals on women during the launch of the second phase of the Mukhyamantri Majhi......

Andhra governor meets Sonia in Delhi

Andhra Pradesh Governor ESL Narasimhan met Congress president Sonia Gandhi on Friday evening to reportedly discuss the administrative and political situation in the state. The two discussed the......

Modi Bluster Missing From Budget

With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon. IMAGE: Finance Minister Nirmala Sitharaman leaves for Parliament to present the......

Will abide by SC order on temple wealth: Kerala CM

Kerala Chief Minister Oomen Chandy on Wednesday said his government would go by the verdict of the Supreme Court on the wealth of Sri Padmanabha Swamy temple in Thiruvananthapuram. "We want to......

All about the draft micro finance bill

The government has released the draft Micro Financial Sector (Development and Regulation) Bill, 2011, which seeks to make it mandatory for all microfinance institutions to be registered with the......

Nabard to set up micro finance institution

In a bid to cater to the agriculture sector in a better way, National Bank for Agriculture and Rural Developmentplans to set up a micro finance institutionas a joint venture with banks and other......

FM hopeful of early passage of micro finance Bill

Finance Minister P Chidambaram said on Tuesday the proposed Bill on micro-finance institutions will provide adequate legislative framework for development and regulation of the sector.The Micro......

Micro finance catches private banks' fancy

Micro financing has become an attractive proposition for private banks as it helps them inch closer to the stipulated priority sector lending target and fetches high returns ranging between 8 per......

RBI concerned about micro finance bodies

The Reserve Bank of India has expressed concern at the uneven growth of micro finance institutions across the country and the diverse rates of interest being charged of their members. While......

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