Microfinance
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New Delhi: The government on Tuesday introduced the much-awaited legislation governing microfinance institutions (MFIs) in the Lok Sabha, seeking to empower the central bank to regulate the sector and provide an overarching legislative framework for it.
May 22, 2012 at 17:04 | Source: Livemint.com
Socially responsible investors are welcoming the launch of a new web-based analytics platform specifically designed to evaluate microfinance funds, claims AAA. Boston, MA, May 26, 2012 - Socially responsible investors are welcoming the launch of a new web ...
May 26, 2012 at 02:41 | Source: PR-USA.net
REUTERS - SKS Microfinance Ltd(SKSM.NS), the only listed microfinance company in India, said on Thursday it planned to reduce its headcount by a third and shut some branches in Andhra Pradesh state amid mounting losses. SKS' business in Andhra ...
May 10, 2012 at 13:22 | Source: Reuters India
Bangladesh on Wednesday set up a commission on the future of pioneering microfinance institution Grameen Bank and 54 related businesses headed by Nobel laureate Muhammad Yunus. Yunus was sacked as the head of Grameen Bank last year and the new commission ...
May 16, 2012 at 19:13 | Source: YAHOO!
According to the new World Bank Global Findex, two-thirds of the world's poor do not have bank accounts, partly because of the cost, distance and paperwork involved in using traditional banks. In sub-Saharan Africa, where traditional banking is hampered by ...
May 21, 2012 at 13:59 | Source: PR Newswire
The Bill does not address the questionable role of banks and NBFCs. The microfinance industry and its supporters are an unhappy lot. Reason: The Rural Development Minister, Mr Jairam Ramesh's observation that the Micro Finance Institutions (Development and ...
May 22, 2012 at 16:21 | Source: Hindu Business Line
The MCSP began in 1994 as the Poverty Alleviation/Income Generation Programme and has gone through several iterations as the Programme worked to find its footing in the Agency due, in part, to the fact that UNRWA has a robust Microfinance Department in ...
May 28, 2012 at 08:43 | Source: Reliefweb.int
HSBC Bank Middle East Limited (HSBC) has become the first bank in the Middle East and North Africa (MENA) to join a region-wide volunteer initiative developed by Grameen-Jameel Microfinance Limited (Grameen-Jameel) to support the growth of microfinance ...
May 8, 2012 at 11:37 | Source: AME Info
WHEN I was in Zimbabwe recently, I could not help but notice a resurgence of activity in the microfinance sector which had largely gone aground during the past hyperinflation days. I spoke to four or five microfinance entrepreneurs and most of them peg ...
May 12, 2012 at 16:33 | Source: New Zimbabwe.com
Hyderabad: SKS Microfinance Ltd, India’s only listed micro-lender, on Monday reported a net loss of Rs 330 crore for the quarter ended 31 March on account of a Rs 272 crore write-off on its Andhra Pradesh loan portfolio. With the latest write-off, the ...
May 7, 2012 at 16:39 | Source: Livemint.com