May 11, 2021 01:48 PM IST
MFIs have sought a special liquidity facility of at least Rs 15,000 crore through NABARD and SIDBI.
- Apr 29, 2021 06:40 PM IST
In a letter to the FM, Sa-Dhan said the second wave of COVID pandemic has begun hurting the operations of microlenders.
- Oct 19, 2020 02:04 PM IST
Presently, microlenders can charge only upto 2.75 times of the base rate of five large commercial banks. But they borrow at 16-18 percent from NBFCs. This puts pressure on their margins.
- Apr 23, 2020 09:06 AM IST
- Apr 15, 2020 12:55 PM IST
It said that despite the Reserve Bank of India's circular pertaining to the moratorium on retail loans, financial institutions are refraining from extending the same benefits to microfinance institutions.
- Oct 21, 2015 06:26 PM IST
NBFC-MFIs accounted for 88 percent of the loans, followed by Societies and Trusts at 9 percent, it said.
- May 10, 2012 08:33 PM IST
With the Cabinet clearing the Micro-Finance (MFI) Bill, with proposals to set up a development council and appointing the RBI as regulator, SKS Microfinance CFO Dilli Raj and Sa-Dhan ED Mathew Titus offer the industry's perspective of the Bill