Swadhaar Co-Founder Veena Mankar on the Andhra Pradesh Microfinance Crisis
By Veena Mankar Veena Mankar is co-founder and managing director of Swadhaar FileServe. She has over 30 years…
The Government should work on competition, rather than on command and controls: Comments on AP MFI Ordinance
The views and opinions of expressed are those of the author and do not necessarily state or reflect…
Getting some facts straight in Microfinance
Big concerns over small loans By Bindu Ananth and Nachiket Mor, IFMR Trust The recent controversy surrounding the…
AP government accuses BASIX of charging 60% interest on micro loans
Do not have any product with 60% interest rate: Sajeev Viswanathan, CEO, Basix Q: We are sort of…
MFI Interest Rates to be capped at around 24% – Unofficially
Interest rates on loans from microfinance institutions (MFIs) are likely to be capped at around 24 percent. Currently,…
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…
Ujjivan posts profits and reduces interest rates on micro loans
Ujjivan Financial Services, a microfinance institution (MFI), recorded its first year of profitable operations with a post-tax profit…