{"id":1923,"date":"2016-12-14T06:50:13","date_gmt":"2016-12-14T06:50:13","guid":{"rendered":"http:\/\/www.m-cril.com\/oldsite\/?page_id=1923"},"modified":"2019-07-04T07:05:32","modified_gmt":"2019-07-04T07:05:32","slug":"third-party-evaluation-india","status":"publish","type":"page","link":"https:\/\/www.m-cril.com\/oldsite\/third-party-evaluation-india\/","title":{"rendered":"Third party Evaluation (India)"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><table width=\"100%\">\n<tbody>\n<tr>\n<td align=\"left\" width=\"55%\">[vc_row overlay_row=&#8221;&#8221; css=&#8221;.vc_custom_1484304233089{margin-top: 25px !important;margin-bottom: 25px !important;background-color: #ffffff !important;}&#8221;][vc_column][vc_column_text]M-CRIL is licensed by the Microfinance Institutions Network (MFIN) to conduct Third Party Evaluations of self-assessment data reported by MFIN MFI members.<br \/>\n[\/vc_column_text][\/vc_column][\/vc_row]<\/td>\n<td align=\"center\" width=\"45%\"><img decoding=\"async\" src=\"http:\/\/www.m-cril.com\/oldsite\/wp-content\/uploads\/2017\/01\/Yellow\/Mfin.jpg\" alt=\"\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>[vc_row][vc_column][vc_column_text]<br \/>\nAs a Self-Regulatory Organization (SRO) for Non Banking Finance Companies Microfinance Institutions (NBFC-MFIs), MFIN has developed an Industry Compliance Index tool that draws from RBI Fair Practices Code and the Network Code of Conduct.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<br \/>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row overlay_row=&#8221;&#8221; css=&#8221;.vc_custom_1483469224776{margin-top: 25px !important;margin-bottom: 25px !important;padding-top: 15px !important;padding-right: 15px !important;padding-bottom: 15px !important;padding-left: 15px !important;background-color: #d2edf2 !important;}&#8221;][vc_column][vc_column_text]<br \/>\nMFIN members self-assess their performance on the parameters of the tool and report to MFIN on a half-yearly basis. The TPE is a validation of the self-assessment, covering:<\/p>\n<ul>\n<li>Industry Compliance Index\n<ul type=\"square\">\n<li>Disclosure to customers<\/li>\n<li>Customer engagement<\/li>\n<li>Institutional processes<\/li>\n<li>Transparency<\/li>\n<\/ul>\n<\/li>\n<li>Grievance redress mechanism<\/li>\n<li>Compliance with Credit Bureau norms<\/li>\n<li>Compliance with MFIN\u2019s KYC standards<\/li>\n<li>Observations from the field.<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n<p>M-CRIL validates through a standard process of senior management interviews, document review, and field interactions with staff and clients at selected branches.<\/p>\n<p>Contact our Assistant Vice President Sana Zehra, <a href=\"mailto:sanazehra@m-cril.com\">sanazehra@m-cril.com<\/a> for more information.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row overlay_row=&#8221;&#8221; css=&#8221;.vc_custom_1484304233089{margin-top: 25px !important;margin-bottom: 25px !important;background-color: #ffffff !important;}&#8221;][vc_column][vc_column_text]M-CRIL is licensed by the Microfinance Institutions Network (MFIN) to conduct Third Party Evaluations of self-assessment data reported by MFIN MFI members. [\/vc_column_text][\/vc_column][\/vc_row] [vc_row][vc_column][vc_column_text] As a Self-Regulatory Organization (SRO) for Non Banking Finance Companies Microfinance Institutions (NBFC-MFIs), MFIN has developed an Industry Compliance Index tool that draws from RBI Fair Practices Code [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-services.php","meta":{"footnotes":""},"class_list":["post-1923","page","type-page","status-publish","hentry"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.m-cril.com\/oldsite\/wp-json\/wp\/v2\/pages\/1923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.m-cril.com\/oldsite\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.m-cril.com\/oldsite\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.m-cril.com\/oldsite\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.m-cril.com\/oldsite\/wp-json\/wp\/v2\/comments?post=1923"}],"version-history":[{"count":27,"href":"https:\/\/www.m-cril.com\/oldsite\/wp-json\/wp\/v2\/pages\/1923\/revisions"}],"predecessor-version":[{"id":3019,"href":"https:\/\/www.m-cril.com\/oldsite\/wp-json\/wp\/v2\/pages\/1923\/revisions\/3019"}],"wp:attachment":[{"href":"https:\/\/www.m-cril.com\/oldsite\/wp-json\/wp\/v2\/media?parent=1923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}