'MFIs' news in 'Micro Credit' topic for user leigh

Axis Bank plans to tap urban poor	10.9.2010	Business Standard: Banking & Finance
Axis Bank has tied up with south-based microfinance institution Janalakshmi Social Services to provide banking services to the urban poor.
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Letter to the Editor (Cached)	9.9.2010	Financial Express
Letter to the Editor
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Central Bank of India sees RBI maintaining status quo (Cached)	9.9.2010	New Kerala: Sports India

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4 new pvt bank licences likely in 1st lot (Cached)	9.9.2010	Indian Express: Business
While more than a dozen corporates and non-banking finance companies (NBFCs) are keen on making a banking debut, the Reserve Bank of India...
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Letters to the editor (Cached)	9.9.2010	Financial Express: Front Page
Apropos of the story 'MFIs charge high rates: RBI' (FE, August 28), RBI has rightly realised that though MFIs have been contributing to financial inclusion, the interest rates charged by them on loans remain high, and that the high interest rates essentially reflect their high costs of borrowing and operational costs.
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Four new pvt bank licences likely in first lot (Cached)	9.9.2010	Financial Express: Front Page
While more than a dozen corporates and non-banking finance companies are keen on making a banking debut, the Reserve Bank of India may start off by handing out just four new banking licences, and that too, not all at once. Although the central bank will refer the applications of candidates to an external group, some key criteria for eligibility appear to be in place. With the central bank preferring to allow "well-established corporate houses with no exposure to sensitive sectors like real estate and a diversified ownership," it would appear that NBFCs including L&T Finance, SKS Microfinance and Shriram Group stand the best chance of making it to the first list.
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‘Banks can expand coverage via NBFCs' (Cached)	9.9.2010	HBL: Money & Banking
Banks must work in partnership with non-banking financial companies, microfinance institutions and financial cooperatives as such entities have been quite innovative in addressing the last mile issue, said Ms Usha Thorat, Deputy Governor, Reserve
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Insurance Week valediction today	8.9.2010	Hindu: Home
Curtains will come down on the 54th Insurance Week celebrations on September 8 with a function at the LIC Divisional Office wherein Roots Industries Director Kavidasan will be the chief gues...
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Microfin cos likely to lose access to cheap funds from banks (Cached)	8.9.2010	ET: Banking
Access to cheap funds from banks for microfinance institutions, or MFIs, may be snapped under two years if RBI endorses the recommendations of a committee constituted by it.
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Top bankers hope to retain growth tempo in next decade (Cached)	8.9.2010	ET: Indicators
Banks are betting on a demographic dividend tripling their business in the next decade. Banks have ended the first decade of the 21st century on a very positive note.
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Aditya Birla Finance gets capital infusion (Cached)	8.9.2010	Mint: Latest
The fresh capital infusion will thus help ABFL to meet its solvency requirements and expanding operations by expanding our portfolio with new product launches
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Sequoia eyes services firms for funds infusion (Cached)	8.9.2010	HBL: Markets
With investment of over $800 million across 50 companies in India, Sequoia Capital is set to further expand its investment portfolio in the services spanning IT, financial, micro-finance institutions and education, even as it evaluates
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SBT-Kudumbasree drive for financial inclusion (Cached)	8.9.2010	HBL: Money & Banking
State Bank of Travancore (SBT) is now in the process of tying up with the Kudumbasree poverty eradication project of the Government of Kerala to roll out the banking correspondent/facilitator model in 27 under-banked villages allocated to the
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Bridges To Build (Cached)	8.9.2010	Outlook Money
Global recovery hinges on addressing structural problems, says Raghuram Rajan
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Sequoia Capital, SONG Advisors invests $15mn in K12 Techno Services	7.9.2010	Business Standard: News Now
K12 manages over 60 schools run by 15 different trusts under the Gowtham Model School and Orchids the International school brand.
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Bank urges people to open savings accounts	7.9.2010	Hindu: Home
The Indian Overseas Bank has urged people to open savings bank account and derive benefit from the Finance Inclusion Scheme.The public sector bank said that Reserve Bank of India has advise...
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Report seeks government support for financial inclusion (Cached)	7.9.2010	New Kerala: Sports India

Reaching out to under-banked (Cached)	7.9.2010	HBL: Money & Banking
The good news about India's poor is that they do provide an opportunity for business ventures that care to address their needs and provide them services, to make decent
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Margin funding takes centre stage	7.9.2010	Business Standard: Markets & Investing
NBFCs owned by brokerages do brisk business after recent listing gains.
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Himachal milk production set to boom in three years	7.9.2010	Business Standard: Companies & Industry
A year after the ambitious Dhoodh ganga project funded by the National Bank for Agriculture and Rural Development (NABARD) was sanctioned to Himachal Pradesh, the state is all set for a white revolution over the next three years, say officials.
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