Mfis In Andhra Pradesh

The company expects to incur an operational loss of up to Rs 50 crore in the fiscal first quarter.

RBI hinted last week that capital adequacy and provisional norms for NBFCs could be relaxed.

The Bill gives regulatory and administrative powers over the industry and microfinance instituions (MFIs) to the Reserve Bank of India.

The crisis-ridden microfinance sector has welcomed the budgetary proposal to table the new MFI Bill

An independent investigation commissioned by the company linked SKS employees to at least seven of the deaths. A second investigation commissioned by an industry umbrella group that probed the role of many microfinance companies, did not draw conclusions but pointed to SKS involvement in two more cases that ended in suicide.

The Bill to regulate Microfinance Institutions tabled in the Andhra Pradesh assembly on Friday has upset the Microfinance institutions (MFI) network, who say their concerns have not been addressed and that may force them to shut operations in the state. "Repayment has fallen drastically and so we are not in a position to continue operations in...

The company expects to incur an operational loss of up to Rs 50 crore in the fiscal first quarter.

RBI hinted last week that capital adequacy and provisional norms for NBFCs could be relaxed.

The Bill gives regulatory and administrative powers over the industry and microfinance instituions (MFIs) to the Reserve Bank of India.

The crisis-ridden microfinance sector has welcomed the budgetary proposal to table the new MFI Bill

An independent investigation commissioned by the company linked SKS employees to at least seven of the deaths. A second investigation commissioned by an industry umbrella group that probed the role of many microfinance companies, did not draw conclusions but pointed to SKS involvement in two more cases that ended in suicide.

The Bill to regulate Microfinance Institutions tabled in the Andhra Pradesh assembly on Friday has upset the Microfinance institutions (MFI) network, who say their concerns have not been addressed and that may force them to shut operations in the state. "Repayment has fallen drastically and so we are not in a position to continue operations in...