• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai April 12 Nabard will extend capital or equity support to micro-finance institutions through its Micro Finance Development and Equity Fund.

Nabard has sanctioned Rs 1 crore to three MFIs each. The new scheme will facilitate MFIs to leverage funds from commercial banks, donor agencies and others, and help provide a range of micro-financial services at affordable costs to the poor.

The scheme aims at providing promotional, equity, capital and revolving fund assistance to banks, NGOs, SHG Promoting Institutions and MFIs, said a press release by Nabard.

More Stories on : Agricultural Institutions | Rural Development

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Riskraft bags Mauritius deal

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line