Micro Finance Institutions Current Affairs - 2020

MUDRA loan: Tamil Nadu Women top the list

According to the data provided by Ministry of Finance to Rajya Sabha, Tamil Nadu topped the list in availing loans to women. It was followed by West Bengal and Karnataka. Highlights According to the data produced by the Ministry of Finance, around 15 crore loans amounting to Rs 4.78 lakh crores were disbursed to women Read More…

Manoj Kumar Nambiar elected Chairman of MFIN

Manoj Kumar Nambiar Managing Director of Arohan Financial Services has been elected as new chairman of Microfinance Institutions Network (MFIN). He was elected at 6th annual general meeting of MFIN. Highlights Nambiar is also a director on boards of IntelleCash Microfinance Network Company. He will be replacing Ujjivan Financial Services CEO and MD Samit Ghosh. Read More…