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Non-bank microfinance companies - Non-bank microfinance companies overtake banks in micro credit market share

Combined microcredit portfolio of all lenders as of December 31, 2022, was Rs 3,24,017 crore

Financial Inclusion and the role of Microfinance in enabling holistic economic development – Chennaionline

Financial Inclusion and the role of Microfinance in enabling holistic economic development – Chennaionline
chennaionline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chennaionline.com Daily Mail and Mail on Sunday newspapers.

Sharp Decline in Credit Gap During Modi Government

New Delhi [India], January 31 (ANI/PRNewswire): Credit gaps in India declined by 12.01 percentage points in seven years between 2015 and 2022 as against a mere 6.22 percentage points drop in the previous 14 years between 2001 and 2015, showing impressive outcome of the Financial Inclusion initiatives taken by Prime Minister Narendra Modi government, according to a report released by SKOCH Financial Inclusion Task Force ahead of the Union Budget 2023-24.

AMFI-WB announces successful conclusion of 7th Eastern India Microfinance Summit 2023

Uniindia: Kolkata, Jan 13 (UNI) The Association of Microfinance Institutions – West Bengal (AMFI-WB) announced the successful conclusion of the 7th Edition of Eastern India Microfinance Summit 2023 organised in Association with PwC, MFIN and Sa-Dhan.

SATYA MicroCapital launches third edition of Vijayalakshmi Das Entrepreneurship Awards 2023

New Delhi [India], November 1 (ANI/NewsVoir): SATYA MicroCapital Limited recently launched the third edition of Vijayalakshmi Das Entrepreneurship Awards 2023 - an Awards & Recognition platform to felicitate Women Entrepreneurs at the grassroots level to honor the 'Mother of Indian Microfinance' - Late Vijaylakshmi Das. The momentous launch took place on the celebratory occasion of SATYA completing its 6 years of foundation at Eros Hotel, New Delhi. Dr Alok Mishra (CEO & Director: MFIN) & Jiji Mammen (Executive Director & CEO: Sa-Dhan) during their keynote addresses shared their heartfelt feelings regarding the growth trajectory of SATYA and also motivated everyone to achieve a higher state of transformation. Renowned Indian social activist who is working for empowerment of women since past three decades - Padma Shri 2021 Dr Niru Kumar also attended the launch event and applauded SATYA for the remarkable impact it is inducing in lives of rural women entrepreneur

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