Thursday, May 19, 2022 | Last Update : 08:55 AM IST

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Microfinance industry posts 43 per centh growth in Q3 FY'19

Microfinance Institutions Network (MFIN) is an RBI recognised self-regulatory organisation and industry association.

25 Feb 2019 5:32 PM

MFIs loan book clips past 43 per cent to Rs 1.66 tln in Q3

Total numbers of microfinance accounts were at 8.91 crore as of December 2018.

25 Feb 2019 4:57 PM

RBI stiffens rules, makes loans costlier for NBFCs to borrow

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

RBI bundles NBFCs into 1 type,offering operational flexibility

The central bank also decided that exposures to all NBFCs will be risk weighted as per credit ratings.

23 Feb 2019 5:58 PM

Crisil-Sidbi survey claims improvement in MSME sentiment in Q3

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

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Bajaj Finance Fixed Deposit (FD) offers 9.10 per cent return to senior citizens

This will serve as an essential corpus building time for investors, especially senior citizens.

22 Feb 2019 5:02 PM

Total gross loan of microfinance industry grows 6 pc to Rs 65,090 cr in Q3

Combined microcredit portfolio of all lenders as on December 31, 2018, was Rs 1,57,497 crore.

22 Feb 2019 10:38 AM

Liquidity constraints continue in the market despite bank recoveries: FICCI-IBA

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

Earnings season disappoints again as margins come down

Banks, including HDFC Bank, Axis Bank, ICICI Bank and Kotak Bank, posted good results.

16 Feb 2019 1:54 AM

Reliance Group says L&T Finance, Edelweiss Group caused share drop

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

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Credit flow to NBFCs to go up

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

RBI to issue guidelines for harmonisation of NBFCs by month end

The guidelines for harmonisation of NBFCs would be issued by the end of this month.

07 Feb 2019 3:52 PM

NBFC woes to continue in FY20

Efforts by NBFCs to move towards long-term funds have increased the cost of funding.

06 Feb 2019 3:14 AM

RBI imposes monetary penalty of Rs 10 million on Bajaj Finance

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

Will take steps if there is liquidity shortage: RBI Governor

Banks have been asked to look at the viability of individual proposals for loan restructuring of MSMEs.

07 Jan 2019 2:13 PM

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Make 2019 year of MSMEs

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

Capri global Housing Finance aims to cross Rs 7,000 crore by 2023

Affordable Housing to be key catalyst for CGCL growth in next four year.

20 Dec 2018 4:01 PM

Affordable housing takes centre stage in 2018

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

No need for RBI to help NBFCs as lender of last resort: Acharya

The central bank is guided by the principle of addressing system-wide liquidity requirements, says Acharya.

05 Dec 2018 4:56 PM

Final round of capital infusion in Dec to help banks lend more

Banks, which have been part of recent mergers, will also receive capital from the govt

21 Nov 2018 11:24 AM

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