Basix secures 2.5 million euros for carbon credits in solar heater project
Basix, the Hyderabad-based conglomerate of financial and knowledge-based social enterprises, has helped more than 15,000 households, hotels, and…
A compendium of voices on the Andhra Pradesh Microfinance crisis
As India celebrates Diwali this week, the debate about how to deal with microfinance has calmed a bit.…
Microfinance Crisis – Discussion with MFIN President Vijay Mahajan
In the below video Tamal Bandyopadhyay, Deputy Managing Editor of Mint and Vijay Mahajan, President of MFIN discuss…
Banks restructure loans for MFI’s, reduce interest rate to 12% – ND4
Banks ready with MFI loan rejig plan Banks have prepared a blueprint for restructuring loans to microfinance institutions…
Vijay Mahajan Interview – It is not possible to decrease microfinance rates as of now
By KV Ramana, DNA-Daily News & Analysis The microfinance sector is set to move into the next level by…
Bhartiya Samruddhi in talks to raise Rs 300 Crore – News Digest
Bhartiya Samruddhi set to raise Rs 300 Crore Bhartiya Samruddhi Finance, a microfinance institution promoted by social entrepreneur…
India’s oldest Microfinance NBFC – Basix facing collapse ?
Started in 1997 by Vijay Mahajan, Bhartiya Samruddhi Finance Ltd (BSFL) is India’s oldest NBFC-MFI. It is now…