Tag Archives: PSU bank

Bank funds have started flowing into MFIs

Bank funds have started flowing into microfinance institutions (MFIs), although slowly and in small amounts. Mr. Samit Ghosh, CEO and Managing Director, Ujjivan Financial Services said that the company has received Rs. 100 crore from both public and private sector banks, in August; and in September Rs. 25 crore from another PSU bank. Reports said… Read More »