mfin

The Microfinance Institutions Network (mfin) has decided to challenge the ordinance put into place last Friday by the AP government to crack the whip on microfinance players.

The Microfinance Institutions Network (mfin) has decided to challenge the ordinance put in place last Friday by the state government to regulate the activities of microfinance players.

The organized microfinance industry in the country has grown by 29% through loan disbursements in the April-June period, according to the Microfinance Institutions Network (mfin).

New Delhi, Jun 3 () The microfinance industry's gross loan portfolio (GLP) stood at Rs 1,87,386 crore at the end of March, up 38 per cent year-on-year, said a mfin report Monday. The total number of microfinance accounts was 9.33 crore at the end of March 2019, showing a growth of 21.

New Delhi, Aug 30 () NBFC microfinance institutions posted more than 50 per cent growth in gross loan portfolio at Rs 51,878 crore in April-June compared to the same period of last year, industry body Microfinance Institutions Network (mfin) said today.

New Delhi, Feb 25 () Microfinance industry posted 43.1 per cent growth in December quarter 2018 as compared to the year-ago period, with a total loan portfolio of Rs 1,66,284 crore, a report by mfin said Monday. The total number of microfinance accounts also witnessed an annual growth of 24.

The ASSOCHAM and Micro Finance Institutions Network (mfin) have urged early passage of the Microfinance Institutions (Development and Regulation) Bill.

Gross loan portfolios of microfinance institutions have shown an upward movement with 75% of mfin (microfinance institutions network) members reporting an increase in the gross loan portfolios.

Non-AP microfinance institutions in India are exhibiting signs of recovery despite national level MFI sector data painting a gloomy picture, says a report put out by Microfinance Institutions Network

New Delhi, Nov 21 () Gross loan portfolio of Non- Banking Finance Company-Microfinance Institutions (NBFC-MFIs) soared 24 per cent to Rs 38,288 crore in the end of September quarter year-on-year, said an industry body.

Contending that the recent ordinance promulgated by the AP government against micro finance institutions (MFIs) was beyond the purview of its legislative competence, SKS Microfinance Limited and Microfinance Institutions Network (mfin) on Tuesday approached the AP High Court through separate petitions urging it to quash the ordinance after declaring it as illegal.

New Delhi, Jul 16 () The microfinance industry is expecting a pick up in business as the impact of demonetisation fades out, mfin CEO Ratna Vishwanathan said.

New Delhi, May 18 () Micro Finance Institutions saw their aggregate gross loan portfolio grow by 85 per cent to Rs 53,233 crore in the fourth quarter of 2015-16 on year-on-year basis, an industry study said today.