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Business News: MFI industry seeks higher credit guarantee scheme in budget 2022 - Vimarsana News

Business News: MFI industry seeks higher credit guarantee scheme in budget 2022

MFI industry seeks higher credit guarantee scheme in budget 2022 : Rashtra News #MFI #industry #seeks #higher #credit #guarantee #scheme #budget The microfinance sector has urged Finance Minister Nirmala Sitharaman to increase the limit of credit guarantee scheme in the budget for 2022-23. In the budget representation to the ministry, the self regulatory body (SRO)

World Bank official, Shamshad discuss financing for two operations - Vimarsana News

World Bank official, Shamshad discuss financing for two operations

ISLAMABAD: The Minister for Finance, Revenue and Economic Affairs met with the Country Director World Bank for...

SBP allows ASA Microfinance Bank to commence operations - Vimarsana News

SBP allows ASA Microfinance Bank to commence operations

KARACHI: The State Bank of Pakistan (SBP) has allowed ASA Microfinance Bank (Pakistan) Limited to commence...

Business News | Sa-Dhan National Conference on Inclusive Growth to Be Held in New Delhi on 8th and 9th November - Vimarsana News

Business News | Sa-Dhan National Conference on Inclusive Growth to Be Held in New Delhi on 8th and 9th November

Get latest articles and stories on Business at LatestLY. New Delhi [India], November 7: Sa-Dhan, an association of Microfinance and Impact Finance Institutions and a Self-Regulatory Organisation for Microfinance is organising their Annual National Conference on Inclusive Growth with the theme "Microfinance Marching to Amritkal with 25 years of Inclusive Impact Legacy" on November 8th and 9th 2023 in New Delhi. The two-day conference will see the release of Bharat Microfinance Report, the only one sectoral report on the microfinance industry in the country, published every ye...

Satya MicroCapital raises $60 million from Japan's Sumitomo Mitsui Banking Corporation - Vimarsana News

Satya MicroCapital raises $60 million from Japan's Sumitomo Mitsui Banking Corporation

The funding will help the New Delhi-based micro loan provider to expand its portfolio. Satya has assets under management of nearly Rs 5000 crore. The fund is raised at around 11% rate, an official with the micro lender said. The lender has its average cost of funds at 12%. Established in October 2016, the lender has built a network of over 500 branches across 25 states.