Saturday, 3 December, 2022
TopicMicrolenders

Topic: microlenders

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.

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. 

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.

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.

On Camera

YourTurn

File photo of Kerala Governor Arif Mohammed Khan | ANI

Arif Mohammad Khan vs Kerala govt isn’t a new faceoff. Old cases show Governor wears two hats

Under UGC provisions, a search committee is appointed to find suitable candidates for the V-C post. Governors make their selection from among these names.

51 cow universities, old pension scheme, jobs — what RSS affiliates want from 2023 Budget

Welfare schemes and ‘self-reliance’ figure high on Sangh organisations’ wishlists for finance minister Nirmala Sitharaman ahead of the Budget, which she will present on 1 February.

Defence

A soldier with 'Arjun', a black kite trained to down enemy drones, during the Yudh Abhyas exercise being held in Auli, Uttarakhand | Suraj Singh Bisht | ThePrint

It’s a plane, no it’s a bird! Army’s training eagles & falcons to swoop down on hostile drones

The birds are also being trained for surveillance at Remount Veterinary Corps Centre in Meerut, with cameras fitted to their heads to record videos.

A Gujarat gamble: A likely reason Rahul is not giving Modi a fight this assembly election

I'd rather not buy idea that Rahul's holding his fire until 2024. More likely, Congress believes Karnataka offers best chance of winning a Gujarat-sized state if Gujarat is too challenging.