Wednesday, February 16, 2011

india microfinance business news

Intellecap1Today, Intellecap released a white paper on the Malegam Committee Report. The paper analyses the impact of the recommendations given by the Malegam Committee on the microfinance sector, microfinance investors and also includes Intellecap’s suggestions to committee members. For Complete Summary of Reactions to the Malegam Committee Report – Click here. About the White Paper The [...]
ifmr microfinance trustRegulating Microfinance in India The Malegam Committee’s (referred to hereinafter as the “Committee”) recommendations to increase the supervisory capacity of the RBI, to make MFI regulation consistent at the national level, to promote good corporate governance and to increase bank lending to MFIs are welcome. At the same time, many of the tactical and operational prescriptions [...]
Virutcham microfinance tamil 
naduBy R.Kanagavel, General Manager, Virutcham Microfinance Given below are the suggestions and comments, given by the executive committee of directors at Virutcham Microfinance on the Malegam Committee Report. The entry point qualification that all NBFC-MFIs should have a minimum Net Worth of Rs 15 Crores should be removed and the existing net worth requirement of [...]
micro pension company indiaBy Ramesh S Arunachalam , Rural Finance Practitioner It has been commonly argued that MFIs have a very useful role to play in micro-pensions. However, there are inherent differences between the traditional Micro-finance and The New Micro-Pensions and this has implications for the use of MFIs in distributing Micro-Pensions. I try and look at some [...]
client of a microfinance 
company in peruPeru is one of the most dynamic microfinance markets in the world. In a very competitive market, Financiera CREAR has been a rising star. Marcos Corrales, manager of CREAR’s Lima regional branch, talks about the success factors that contributed to the strong growth and performance of their lending activities. Microfinance Company Operations in Peru The [...]
Private Equity Investments in 
IndiaPrivate equity investment in India has rebounded after a lull due to global financial meltdown with energy sector being the biggest draw, leading chamber ASSOCHAM said today. Trends in Private Equity Investment in India In calendar year 2010, private equity and venture capital firms invested 7.97 billion dollars in 325 deals (excluding real estate) as [...]
msme inclusive growth smeThe ministry of micro, small and medium enterprises (MSMEs) has asked the Planning Commission for a Rs 2,500 crore technology upgradation fund scheme. Ministry of MSME Initiatives Secretary at the ministry of MSMEs U.K. Varma said last week that upgraded technology coupled with adequate and timely credit was necessary for the sector’s growth. He was [...]
world bank food pricesRising food prices have driven an estimated 44 million people into poverty in developing countries since last June as food costs continue to rise to near 2008 levels, according to new World Bank Group numbers released ahead of the G20 Meeting of Finance Ministers and Central Bank Governors in Paris. “Global food prices are rising [...]
rural-electricity-indiaStudies from rural Maharashtra show such a model can provide substantial economic gains to rural consumers A new World Bank Report says decentralizing power generation and distribution to the local level through the distribution grid of the state utility by using renewable energy sources will help reduce prolonged outages and increase electricity supply in rural [...]
nabh indiaUnion Minister for Tourism Shri Subodh Kant Sahay has called for developing quality tourism infrastructure at identified tourist destinations and circuits through convergence of resources of various union ministries and State Government. Inaugurating a national workshop on promotion of wellness tourism in Delhi yesterday he said wellness tourism is a global trend for the health [...]
ela bhatt india equity fundNeed for “India Equity Fund” with Long Term Vision for the Poor Speech of Smt. Ela R. Bhatt, Chair Emeritus, Sa-Dhan at Sa-Dhan National Workshop on Governance & Risk Management, Ahmedabad, 17th January 2011. There was a time when India was compared with Bangladesh that why India remain far behind in micro-finance movement. …Tweet
diploma in microfinance indiaThe Indian Institute for Banking and Finance has announced the examination schedule for it’s Diploma in Microfinance program. The exams will be conducted in the month of May 2011. The last date for submitting your completed applications is March 1st , 2011. Download Application Form for IIBF Diploma in Microfinance at the link below IIBF [...]
microinsurance basixBASIX created history in December 2010 by crossing the milestone of 100,000 claims settled. To commemorate the occasion, the event was celebrated at the Head Office of BASIX in the presence of the representatives of BASIX’s insurance partners- AVIVA and Royal Sundaram, all general managers of BASIX and members of the senior management. Vijay Mahajan [...]
microfinance discussionBy Ramesh S Arunachalam, Rural Finance Practitioner Yesterday, I received a mailer that invited me to register for a National micro-finance, being held by Sa-Dhan and FICCI, at Ashoka Hotel, New Delhi on March 15th and 16th, 2011. The conference, according to the brochure, aims to create a space for dialogue between policy makers, MFIs and [...]
european microfinanceThis EU-wide initiative will allocate various European funds to the Dutch Microfinance Institution Qredits (www.qredits.nl) to facilitate loans of over EUR 20 million (Rs 125 Crore approximately) to small businesses and people in the Netherlands who have lost their jobs and want to set up their own company. Microfinance in European Union Access to credit is [...]
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