Category: Microfinance News Digest

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Finance Ministry begins consultations for enacting Microfinance Law

Government prepares to frame laws for micro finance institutions Government has started consultations with all stake-holders, including state governments, for enacting a law to regulate Micro Finance Institutions (MFIs) for ensuring interests of customers. Read more on DNA FII stake in SKS Microfinance soars to record high of 44.61% in April-June quarter Continuing with the […]

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What Narendra Modi can do for the Microfinance Sector ?

5 issues in microfinance sector that need Narendra Modi’s attention Vijay Mahajan, social entrepreneur, Founder and Chairman of BASIX Group lists five issues for new Narendra Modi government. Read more on Business Today Micro finance industry’s gross loan portfolio up 35% in FY14 NBFC-MFI’s, other than those under corporate debt restructuring witnessed a growth of […]

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Annapura Microfinance raises Rs 30 Crore in Funding – News Digest

Annapurna Microfinance Pvt. Ltd (AMPL) on Wednesday said it raised Rs 30 crore from the Belgian Investment Company for Developing Countries (BIO) and Belgium-based Incofin Investment Management’s Rural Impulse Fund II, an existing investor. Read more on Livemint Bandhan Financial Services raises Rs 100 crore from in NCDs Microfinance company Bandhan Financial Services has raised […]


Microfinance India – State of the Sector Report 2012 released

Chidambaram releases State of the Sector Report 2012 at Microfinance India conclave According to the State of the Sector Report 2012, brought out under the aegis of microfinance facilitation organisation Access Development Services, the loan amount disbursed by microfinance institutions, as well as the average loan ticket size, has shown signs of recovery in fiscal […]