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[Industry Crisis] Ratings firms liberal with MFIs: M-CRIL
M-CRIL, the largest ratings agency in India’s Rs 20,000 crore microfinance industry, has alleged that other ratings agencies have been giving higher ratings to microfinance institutions (MFIs) without properly understanding the sector.“They (other ratings agencies) have been too liberal in the assignment of grades to MFIs by giving one to two notches above from what we assigned,”M-CRIL Managing Director Sanjay Sinha told Mint in an interview on Friday. >>>Read More
M-CRIL releases first results of its MIV Ratings
This study outlines a rating approach for microfinance investment vehicles as part of global initiatives supported by the Swiss Agency for Development and Cooperation (SDC) in promoting accountability and transparency on social performance in microfinance. It forms part of a series of thematic case studies of SDC’s Employment + Income Network.
M-CRIL's Open Letter to CGAP
In order to signal his concern about developments in the microfinance sector and to make constructive suggestions on the direction in which CGAP should be steering microfinance, our Managing Director, Mr Sanjay Sinha, sent the following letter to CGAP. We welcome your comments on the content of the letter.
Dr Alok Misra appointed CEO of M-CRIL
Seminar on Risk in Indian Microfinance
Organised by M-CRIL with RBI College of Agricultural Banking, Pune, 14 January 2011
That Sinking Feeling
Microfinance institutions with a sizeable presence in Andhra Pradesh are on the brink of closure because of the crisis in the sector in the state, report John Samuel Raja D and M Rajshekhar----------------------------------------------------------------------------- [“When borrowers expect more loans, they will repay. But when they know they won't receive more, they will stop repaying” – Sanjay Sinha, Managing Director, M-CRIL]
M-CRIL News - September 2010
[This newsletter highlights some initiatives by M-CRIL since April 2010]
Presence of MFIs in Karnataka skewed: study
How to calm the charging bull - An agenda for CGAP in the decade of the “teenies” - Article by Sanjay Sinha
Article on M-CRIL's School Rating initiative in Outlook Business
M-CRIL’s MD invited to address members of National Assembly in Islamabad, Pakistan
M-CRIL Managing Director speaks at Rater’s Conference
Rating of Affordable Private Schools
M-CRIL is pioneering a rating framework to assess private schools catering to the low socio-economic segment, often referred as Affordable Private Schools (APS)
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