General
Bandhan's total loan book to hit Rs 5,000Cr this fiscal: Founder Chandra Shekhar Ghosh
Over the last two years, the microfinance industry had run in to rough weather, dragging the fast-growing social business activity. ......
General
Microfinance institutions seek more time to comply with margin cap norms
Microfinance institutions have requested the Reserve Bank of India for more time to comply with directions mandated by the central ......
General
SBI unlikely to merge subsidiaries this fiscal
The State Bank of India is unlikely to merge any of its five associate banks in the current financial year, ......
General
German lender KfW to extend $66M to SIDBI
The development bank of Germany, Kreditanstalt fur Wiederaufbau (KfW), has signed a loan agreement with its Indian peer Small Industries ......
General
NRI dollar inflow continues to surge
The dollar inflow from Non-Resident Indians (NRIs) to their home country surged during the April-June quarter in 2012. The Non-Resident ......
General
Indian banks' ‘restructured' loan book to more than double to $58B in FY13
Rating agency CRISIL has said that it estimates the quantum of loans, expected to be ‘restructured’ during the current financial ......
General
IIFL to raise up to Rs 500Cr through NCDs
India Infoline Finance Ltd (IIFL), a non-deposit-taking NBFC subsidiary of India Infoline, would raise up to Rs 500 crore via ......
General
Improving quality of retail loan assets strengthens banks' consumer lending focus
Reams have been rolled out on the stench coming out from non-performing assets (NPAs) or bad loans of Indian banks, ......
TMT
Crowdsourced microlending platform Milaap launches India-focused entrepreneurship development fund
Singapore and Bangalore-based online microlending platform Milaap has joined hands with a Singapore-based media organisation e27...
General
Is retail participation in sovereign securities market a distant dream?
Reforms to build an institutional framework to facilitate trading of government securities (G-Sec) started in 1992. Two decades later, it ......
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