Friday, 3 December, 2021
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Topic: microlenders

The Reserve Bank of India (RBI) logo | Bloomberg

Why RBI’s proposed microfinance policy changes are borrower-friendly

Proposed changes divert the borrower away from informal lenders and also show the RBI’s intent of giving the NBFC-MFIs a level-playing field in the financial system.
Illustration: Soham Sen | ThePrint

Why microborrowers in Assam are refusing to repay their loans this poll season

Microfinance — or small collateral-free loans meant for low-income groups — has emerged as a poll plank on the threshold of the 2021 Assam assembly elections. 
bronze bull statue at BSE

Newest bank to list, Ujjivan Small Finance debuts with as much as 70% in IPO

Ujjivan Small Finance shares climbed as high as Rs 62.80 before closing the session at Rs 56 in Mumbai, up 51% from the IPO price.
A road being constructed near the building of IL&FS, one of India's leading infrastructure-development and finance companies in Mumbai. | Representational image |Photograph: Abhijit Bhatlekar | Bloomberg

Satin Creditcare, one of India’s top microlender, seeks $900 million to fund loan growth

Credit ratings of Satin haven’t seen a downgrade by any of the four rating companies as the lender doesn’t rely on mutual funds for financing requirements.
Illustration: Ramandeep Kaur | ThePrint

Bezos, Branson & Musk — Are billionaires popularising space travel or just on an ego trip?

Jeff Bezos will travel to the edge of space in his New Shepard aircraft — more than a week after billionaire Richard Branson defeated him in a fast developing space race.
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