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 <title>NextBillion.net - Development Through Enterprise - Grading scheme for microfinance institutions - Comments</title>
 <link>http://www.nextbillion.net/newsroom/2005/06/22/grading-scheme-for-microfinance-institutions</link>
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 <title>Grading scheme for microfinance institutions</title>
 <link>http://www.nextbillion.net/newsroom/2005/06/22/grading-scheme-for-microfinance-institutions</link>
 <description>&lt;div class=&quot;flexinode-body flexinode-4&quot;&gt;&lt;span class=&quot;flexinode-timestamp-13&quot;&gt;
June 22, 2005 - 10:00,
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Business Standard&lt;/span&gt;

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Grading scheme for microfinance institutions&lt;/div&gt;&lt;br&gt;

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Rating agency Crisil and the National Bank for Agriculture and Rural Development (Nabard) today announced launch of a grading scheme for micro-finance institutions (MFIs).&lt;br /&gt; &lt;br /&gt;As part of the MFI grading scheme, Nabard will reimburse banks the grading fees paid to Crisil. The scheme will be operational initially for a year.&lt;br /&gt; &lt;br /&gt;The scheme will support the grading of those MFIs having a loan outstanding between Rs 50 lakh and Rs 5 crore.&lt;br class=&quot;clear&quot; /&gt;&lt;/div&gt;

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 <comments>http://www.nextbillion.net/newsroom/2005/06/22/grading-scheme-for-microfinance-institutions#comment</comments>
 <category domain="http://www.nextbillion.net/blogs/topic/financial-services"> Financial Services</category>
 <category domain="http://www.nextbillion.net/blogs/topic/general-banking">General Banking</category>
 <category domain="http://www.nextbillion.net/blogs/topic/microfinance">Microfinance</category>
 <pubDate>Wed, 22 Jun 2005 11:01:40 -0400</pubDate>
 <dc:creator>_Steve L</dc:creator>
 <guid isPermaLink="false">570 at http://www.nextbillion.net</guid>
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