Microfinance Institutions Network (MFIN) is an RBI recognised self-regulatory organisation and industry association.
25 Feb 2019 5:32 PM
Total numbers of microfinance accounts were at 8.91 crore as of December 2018.
25 Feb 2019 4:57 PM
Now any loan to an NBFC which is due to pay to the banks Rs 200 crore or above, will now lure a risk weight of 150 per cent.
23 Feb 2019 7:10 PM
The central bank also decided that exposures to all NBFCs will be risk weighted as per credit ratings.
23 Feb 2019 5:58 PM
Interestingly, the RBI, persuaded by the government, announced a special relief package of loan recast (up to Rs 25 crore) for MSMEs.
23 Feb 2019 11:41 AM
This will serve as an essential corpus building time for investors, especially senior citizens.
22 Feb 2019 5:02 PM
Combined microcredit portfolio of all lenders as on December 31, 2018, was Rs 1,57,497 crore.
22 Feb 2019 10:38 AM
At the same time, over 90 per cent of respondents said infrastructure continues to remain a key sector with high NPAs.
18 Feb 2019 11:48 AM
Banks, including HDFC Bank, Axis Bank, ICICI Bank and Kotak Bank, posted good results.
16 Feb 2019 1:54 AM
Reliance Infrastructure Ltd and Reliance Power Ltd, and made open market sale of about 4 billion rupee during Feb 4-7.
08 Feb 2019 3:10 PM
The RBI has aligned the risk weights for bank exposures to all categories of NBFCs other than Core Investment Companies with their credit ratings.
08 Feb 2019 1:33 AM
The guidelines for harmonisation of NBFCs would be issued by the end of this month.
07 Feb 2019 3:52 PM
Efforts by NBFCs to move towards long-term funds have increased the cost of funding.
06 Feb 2019 3:14 AM
The order is dated Jan 3 and penalty has been imposed in the exercise of powers vested in RBI under relevant provisions of RBI Act.
15 Jan 2019 2:52 PM
Banks have been asked to look at the viability of individual proposals for loan restructuring of MSMEs.
07 Jan 2019 2:13 PM
The MSMEs, who provide a total of 11 crore jobs, need around Rs 45 lakh crores, of which just 17.4 per cent is given by banks.
03 Jan 2019 1:13 AM
Affordable Housing to be key catalyst for CGCL growth in next four year.
20 Dec 2018 4:01 PM
More importantly, the unsold housing stock stood at 6.87 lakh units in Q3 2018 was 8 per cent down from the same period last year.
17 Dec 2018 6:30 AM
The central bank is guided by the principle of addressing system-wide liquidity requirements, says Acharya.
05 Dec 2018 4:56 PM
Banks, which have been part of recent mergers, will also receive capital from the govt
21 Nov 2018 11:24 AM