The industry body for MFIs, MFIN (Microfinance Institutions Network) is discontent with the relaxations offered by the new RBI guidelines and plans to approach the Central Bank to make more headroom on the margin of large NBFCs (Non-Banking Financial Company). Read more here.
Microfinance is increasingly becoming subject to higher interest rates and more expensive credit due to the effects of the global financial crisis being reflected in the sector. Read more here.
MicroNed’s country scan on microfinance of Tanzania paints a dismal picture – about 650,000 Tanzanians are have access to semi-formal services, 70,000 use MFIs and SACCOs (Savings and Credit Cooperatives) serve 320,000, and finally, mobile payment are on the rise. Read more here.
SKS microfinance, India’s only listed microfinance company saw its net losses, which stood at INR 2.19 billion last year, shrinking to INR 388.4 million in the April-June period. Read more here. It also plans to expand beyond Andhra Pradesh. Read more here.
While in an interview last year, Bangladesh’s Finance Minister indicated that the Bangladesh government wouldn’t make any moves to take over the Grameen Bank, the majority of whose shares are held by female Grameen members. However, a move by the cabinet has effectively nullified his spoken confirmation with a bill […]
In this brief, researchers partnered with global microinsurance broker MicroEnsure and the MFI Taytay Sa Kauswagan Inc (TSKI) in Philippines to use its Client Math methodology to understand the dynamics of a combined funeral and life insurance product for low income consumers. Download it here.
This recent report brings data from south-west China from a large randomized field study. The report examines the hypothesis that lack of microinsurance prevents farmers from pursuing high-risk activities which could potentially produce greater returns. Read it here.
Nitish Kumar, the Chief Minister of the state of Bihar, India has guaranteed about 50,000 houses for the state’s poor. Most beneficiaries were women. Read more here.
Eight Lessons Learned: Inputs for policy considerations in developing resilience against climate risks for small scale farmers in semi-arid regions, full report
India's latest GST reform, being termed as GST 2.0, is more than just slashing rates. By simplifying the tax structure, cutting levies on essentials, and supporting renewable infrastructure, it's open..
In 2023–24, Indian companies spent about ₹1,396 crore of their CSR budgets on sports — just 4% of the total ₹34,909 crore Indian corporates spent on CSR that year. Most of the rest went to edu..
Under the National Rural Livelihood Mission (NRLM), India has 7.5 million Women Self Help Groups (SHGs) spread across 27 states and 6 Union Territories. Each of these small, self-governed, and peer-co..