Here are two stories from Microcapital.org on the MFI space in India:

• SKS Microfinance Partners with State Bank of India (SBI), State Bank of Hyderabad (SBH) and State Bank of Mysore (SBM) to Integrate 600 Branches
• Small Industries Development Bank of India…

Here are some updates in the microfinance space within India. All sources are from Microcapital.org.

• MoneyGram International to Extend Money Transfer Services to Two Cooperative Banks in India
• Grameen Koota Receives Rs 27.5 Crore in Equity Capital
• Financial Information Networks receives $15m in…

The Microfinance India Summit, organized by Access Development Services, will be on October 26th to the 28th in New Delhi. The summit aims to address issues concerning “the trade-offs and points of convergence as the microfinance sector copes to balance…

Sa-Dhan, an association of community development finance institutions in India will host a National Microfinance Conference in New Delhi on March 31, 2009. The conference is centered on the theme, ‘Microfinance Ecosystem: Equilibrium Between Growth & Effectiveness’.

One of the goals for…

Nirantara Community Services, Arohan, and Sanghamithra Rural Financial Services have been announced winners of Royal Bank of Scotland and PlaNet Finance’s India’s Microfinance Process Excellence Awards .

They were the third annual awards and the winners for the awards were selected from a pool of 67 nominees, which were…

One of the most recognizable names in Indian microfinance has decided to step down from his role as CEO. Vikram Akula, the visionary founder and leader of SKS Microfinance will step down.

Mr. Akula says that this change will allow him…

Madura Micro Finance has received an investment by Unitus Equity Fund to ramp up their offerings to women self help groups (SHGs) in rural India.

Madura Micro Finance will use UEF’s funding to increase its management bandwidth and institutional capacity as…

According to Mr Chu, “to roll back poverty rather than to merely alleviate it”, any solution needs to be able to reach massive numbers, deliver permanent results that can help many generations, provide continuous effort so it gets better and…

India Post has inked an agreement with National Bank of Agriculture and Rural Development (NABARD) to facilitate micro-credit to women-run Self Help Groups (SHG) in eight states and north eastern states.

In this strategic partnership, India Post will lend the unparalleled reach it has…

The global credit crunch has led to a significant drop in fund flow to the microfinance sector. Banks, which are required to provide 32-40 percent of their loans to the priority sector (which includes rural credit), are the largest providers…