How Janalakshmi Microfinance Bucked The Downtrend In Indian Microfinance
MFI Saija Finance gets $4.5-mn investment After raising $4.5 million (Rs 25.08 crore) from Accion and Pragati India fund, microfinance company Saija Finance Ltd is looking to expand its business and product portfolio through acquisitions.BS RBI likely to relax norms for NBFC-MFIs Central banks may give more time to comply with norms relating to loan tenure and borrowers’ income cap. Live Mint MFIs report 15% contraction in loan book Microfinance institutions (MFIs) that work outside Andhra Pradesh have registered a growth in loan disbursement, while their counterparts focusing on the state have posted a decline....