Microfinance
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Muthoot Microfin's Manager Kidnapped From Outside Branch In Kerala, Probe On
Muthoot Microfin manager was kidnapped and later released in Kerala
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Not Maharashtra Or Gujarat: This State Borrows Most Number Of Small Loans
Fewer borrowers are falling behind on repayments.The improvement has been visible across lender categories, including banks, SFBs, and NBFCs.
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Mother Of 3 Dies By Suicide In Bihar, Husband Alleges 'Goonda Bank' Terror
A passbook, some pending instalments and a million questions: Pintu Goswami from Bihar's Muzaffarpur has lost his wife Gudiya Devi, 35, to suicide. The mother of three, he alleges, consumed pesticide after being harassed by recovery agents
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Woman Dies By Suicide After Alleged Harassment By Microfinance Company Employees
A woman in Giridih district of Jharkhand allegedly died by suicide on Monday due to continuous harassment by employees of a microfinance company.
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Assam Signs MoUs With Microfinance Firms To Waive Loans Taken By The Poor
The Assam government has signed memorandum of understanding or MoUs with microfinance institutions (MFIs) to help women borrowers from poor families, the state government said on Tuesday.
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Assam Deal On Waiving Small Loans Soon, Says Chief Minister
Assam will soon sign a Memorandum of Understanding with microfinance institutions of the state as promised earlier to compensate or waive off microfinance loans taken by women of the economically weak sections, Chief Minister Himanta Biswa Sarma said
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Assam Law Soon To End Doorstep Harassment By Microfinance Lenders
The Assam government is all set to bring in a law that will prevent agents of microfinance firms to show up at the homes of borrowers to recover loans, Finance Minister Himanta Biswa Sarma said on Wednesday.
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To Check Employee Details, Bureau Launched For Those Working In This Sector
Microfinance Institutions Network, in association with Equifax, launched an employee bureau for the microfinance sector on Tuesday.
-
As PM Modi's Loan Scheme Stutters, A Bid To Pull Up Socks
A group of fruit sellers, mechanics, barbers and cobblers will line up today for a "Credit Mela" or fair in west Delhi, where they will receive envelopes from Finance Minister Arun Jaitley.
-
CBI Raids Microfinance Company, Files Chargesheet in Saradha Case
The CBI today conducted raids on several locations of Suraha Micro Finance (Sunmarg), a Bengal-based deposit-seeking firm, in connection with the multi-crore chit fund scams running across West Bengal, Assam and Odisha.
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Kiva, the website famous for $25 loans, enters India
The world's first and largest micro-lending platform, Kiva, is now in India.
-
Micro-finance bill is anti-poor, says Andhra Pradesh government official
The micro finance bill, approved by the Union Cabinet last week, is anti-poor and will help microfinance institutions (MFIs) and not small borrowers, a senior official of the Andhra Pradesh Government said.
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Court to rule on Muhammad Yunus' dismissal
Bangladesh's High Court was set to rule Sunday on the legality of a government order dismissing Nobel laureate Muhammad Yunus as head of the microfinance bank he founded, a move that prompted concern at home and abroad.Bangladesh's central bank ordered Yunus out of Grameen Bank on Wednesday, saying he violated the country's retirement laws. Yunus s...
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Microfinance institutions to shut shop?
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...
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Assam: Terror outfit takes the microfinance route to woo supporters
In order to woo back local support, North East India's biggest militant outfit United National Liberation Front (UNLF) has been using microfinance schemes like women's cooperatives and has already covered 2500 beneficiaries in Manipur and Assam. Though unreported, this has been going on for the last four years and has regained much of their eroded ...
-
Muthoot Microfin's Manager Kidnapped From Outside Branch In Kerala, Probe On
Muthoot Microfin manager was kidnapped and later released in Kerala
-
Not Maharashtra Or Gujarat: This State Borrows Most Number Of Small Loans
Fewer borrowers are falling behind on repayments.The improvement has been visible across lender categories, including banks, SFBs, and NBFCs.
-
Mother Of 3 Dies By Suicide In Bihar, Husband Alleges 'Goonda Bank' Terror
A passbook, some pending instalments and a million questions: Pintu Goswami from Bihar's Muzaffarpur has lost his wife Gudiya Devi, 35, to suicide. The mother of three, he alleges, consumed pesticide after being harassed by recovery agents
-
Woman Dies By Suicide After Alleged Harassment By Microfinance Company Employees
A woman in Giridih district of Jharkhand allegedly died by suicide on Monday due to continuous harassment by employees of a microfinance company.
-
Assam Signs MoUs With Microfinance Firms To Waive Loans Taken By The Poor
The Assam government has signed memorandum of understanding or MoUs with microfinance institutions (MFIs) to help women borrowers from poor families, the state government said on Tuesday.
-
Assam Deal On Waiving Small Loans Soon, Says Chief Minister
Assam will soon sign a Memorandum of Understanding with microfinance institutions of the state as promised earlier to compensate or waive off microfinance loans taken by women of the economically weak sections, Chief Minister Himanta Biswa Sarma said
-
Assam Law Soon To End Doorstep Harassment By Microfinance Lenders
The Assam government is all set to bring in a law that will prevent agents of microfinance firms to show up at the homes of borrowers to recover loans, Finance Minister Himanta Biswa Sarma said on Wednesday.
-
To Check Employee Details, Bureau Launched For Those Working In This Sector
Microfinance Institutions Network, in association with Equifax, launched an employee bureau for the microfinance sector on Tuesday.
-
As PM Modi's Loan Scheme Stutters, A Bid To Pull Up Socks
A group of fruit sellers, mechanics, barbers and cobblers will line up today for a "Credit Mela" or fair in west Delhi, where they will receive envelopes from Finance Minister Arun Jaitley.
-
CBI Raids Microfinance Company, Files Chargesheet in Saradha Case
The CBI today conducted raids on several locations of Suraha Micro Finance (Sunmarg), a Bengal-based deposit-seeking firm, in connection with the multi-crore chit fund scams running across West Bengal, Assam and Odisha.
-
Kiva, the website famous for $25 loans, enters India
The world's first and largest micro-lending platform, Kiva, is now in India.
-
Micro-finance bill is anti-poor, says Andhra Pradesh government official
The micro finance bill, approved by the Union Cabinet last week, is anti-poor and will help microfinance institutions (MFIs) and not small borrowers, a senior official of the Andhra Pradesh Government said.
-
Court to rule on Muhammad Yunus' dismissal
Bangladesh's High Court was set to rule Sunday on the legality of a government order dismissing Nobel laureate Muhammad Yunus as head of the microfinance bank he founded, a move that prompted concern at home and abroad.Bangladesh's central bank ordered Yunus out of Grameen Bank on Wednesday, saying he violated the country's retirement laws. Yunus s...
-
Microfinance institutions to shut shop?
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...
-
Assam: Terror outfit takes the microfinance route to woo supporters
In order to woo back local support, North East India's biggest militant outfit United National Liberation Front (UNLF) has been using microfinance schemes like women's cooperatives and has already covered 2500 beneficiaries in Manipur and Assam. Though unreported, this has been going on for the last four years and has regained much of their eroded ...
