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Mfi, Latest News
MFI Group Limited was a British furniture retailer, operating under the MFI brand. The company was one of the largest suppliers of kitchens and bedroom furniture in the United Kingdom, and operated mainly in retail parks in out of town locations.
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Business :
Satin Creditcare gets $15mn ECB funds from Austrian Bank
Satin Creditcare Network Ltd (SCNL), one of the leading microfinance companies in India, has received External Commercial Borrowing (ECB) funding of $15 million from OeEB, the Development Bank of Austria, to accelerate its microfinance lending portfo ...
Business :
RBI raises lending limit of micro-finance institutions
The Reserve Bank of India has increased the lending limit of micro-finance institutions (MFI) to Rs 1.25 lakh per borrower from Rs 1 lakh. ...
Business :
Govt to recap banks with Rs 70k cr to boost lending
Faced with an acute credit crunch following the NBFC crisis, the government has decided to provide Rs 70,000 crore to the banks up front to enable them lend Rs 5 lakh crore, benefitting corporates, retail borrowers, and small traders among others. ...
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