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New RBI Regulations Would Strengthen MFI Ecosystem

India Ratings and Research (Ind-Ra) opines that the key changes in the final regulations for microfinance institutions (MFIs) will bring in the entire industry under the regulatory coverage unlike one-third of the industry coverage earlier. Moreover, the ability of ...

MFIs, NBFCs Severely Impacted By COVID-19 Second Wave

The trouble for the microfinance (MFIs) as well as smaller NBFCs seems to be just not leesening as the effect of the second Covid wave has raised concerns with respect to their revival. It is to noted that these sectors alreadt ...

Proposed Harmonisation Guidelines To Create Level Playing Field For NBFC-MFIs

India Ratings and Research (Ind-Ra) believes the proposed harmonisation guidelines are the need of the hour to address the diverse interpretations of regulations by the multiple forms of entities (mostly regulated) involved in microfinance. The Reserve Bank of India's (RBI) consultative ...

RBI issues draft norms for small banks, payment banks

A week after Budget announcement, the Reserve Bank on Thursday issued draft guidelines for setting up of 'local feel' small banks, which will disburse small-ticket loans to farmers and businesses. The central bank also issued draft guidelines for setting up ...