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Microfinance Institutions Network (MFIN)
Patna Media Interface – 15th June 2016
Coverage Report
Submitted By: Perfect Relations
Executive Summary
The event was attended by around 35 media persons including journalists and photographers of media organisations like Dainik Jagran, Dainik Bhaskar, The Times of India, UNI, Hindustan and Prabhat Khabar among others. We have received 16 media coverages as of today in leading papers like Hindustan, Hindustan Times, Dainik Bhaskar etc. Through the current coverage we have been able to reach out to approximately 9.9 lakh readers in the area.
Media Coverage Index
S. No. Publication Name Media
1. Hindustan Print
2. Hindustan Times Print
3. Dainik Bhaskar Print
4. Aaj Dainik Print
5. Farooqi Tanzeem Print
6. Hamara Samaj Print
7. Inext Print
8. Morning India Print
9. Navbihar Print
10. Sangam Print
11. Tasir Print
12. Qaumi Tanzeem Print
13. Alwatan Times Print
14, Pyari Urdu Print
15. Sahara Roznama Print
16. Prabhat Khabar Print
17. Amrit Varsha Print
18. Tarun Mitra Print
PRINT COVERAGE
Publication Hindustan
Edition Patna
Date 16th June 2016
Page No. 12
Publication Hindustan Times
Edition Patna
Date 16th June 2016
Page No. 4
Publication Dainik Bhaskar
Edition Patna
Date 16th June 2016
Page No. 13
Publication Aaj Dainik
Edition Patna
Date 16th June 2016
Page No. 8
Publication Farooqui Tanzeem
Edition Patna
Date 16th June 2016
Page No. 10
Publication Hamara Samaj
Edition Patna
Date 16th June 2016
Page No. 12
Publication Inext
Edition Patna
Date 16th June 2016
Page No. 6
Publication Morning India
Edition Patna
Date 16th June 2016
Page No. 3
Publication Navbihar
Edition Patna
Date 16th June 2016
Page No. 11
Publication Sangam
Edition Patna
Date 16th June 2016
Page No. 3
Publication Tasir
Edition Patna
Date 16th June 2016
Page No. 12
Publication Qaumi Tanzeem
Edition Patna
Date 16th June 2016
Page No. 4
Publication Alwatan Times
Edition Patna
Date 16th June 2016
Page No. 3
Publication Pyari Urdu
Edition Patna
Date 16th June 2016
Page No. 3
Publication Sahara Roznama
Edition Patna
Date 16th June 2016
Page No. 3
Publication Prabhat Khabar
Edition Patna
Date 16th June 2016
Page No. 12
Publication Amrit Varsha
Edition Patna
Date 16th June 2016
Page No. 3
Publication Tarun Mitra
Edition Patna
Date 17th June 2016
Page No. 7
Press Information Note
MFIN organised a Panel Discussion on the theme
Micro Finance – Fostering the Financial Inclusion Agenda
~Aimed at creating a broader understanding on the issues of financial inclusion and the related
narratives of microfinance~
Patna, June 15, 2016: Microfinance Institutions Network (MFIN), the premier industry association and
Self-Regulatory Organization (SRO) for the microfinance industry in India organized a panel discussion on
the theme ‘Micro Finance – Fostering the Financial Inclusion Agenda’. Mr. Manoj Kumar Verma,
Regional Director, RBI gave the keynote address during the event.
The session, which was aimed at creating awareness about micro finance among the general public, was
attended by Mr. Umesh Chandra Gaur-GM, SIDBI-PSIG, Ms. Rashmi Sinha- Director, Saija, Mr Devesh
Sachdev-CEO, Fusion Microfinance and Board Member of MFIN, Mr. K. V. Rao-COO, SKS Microfinance,
Mr. Vivek Tiwari-COO, Satin Credit Care Network Ltd, Mr. Trilok Shukla-COO, Utkarsh Microfinance. The
panel discussion was moderated by Ms Ratna Vishwanathan, CEO, MFIN.
The discussion was focused towards sharing the policy and regulatory changes for making micro finance institutions a responsible partner with banks in achieving financial inclusion in the country. The panel also discussed the nuances of microfinance methodology and its client centric processes that have enabled NBFC-MFIs to serve millions of households at the bottom of the socio economic pyramid. Speaking on the occasion Ms Ratna Vishwanathan, CEO, MFIN said, ”Today, financial Inclusion is viewed as an enabler, it contributes to development goals of poverty reduction, economic growth and jobs, greater food security and agricultural production, women’s economic empowerment, and health protection. Microfinance sector has made significant contributions in increasing the ambit of the financial inclusion through reaching out to the unbanked segment of the population which was also possible due to the ‘feet on street’ model and work under RBI regulations to cater to the needs of the low income households in both rural as well as urban areas. ”
Non-banking Financial Company – Microfinance Institutions (NBFC- MFIs) help provide financial services
to low income households without taking any deposits in a responsible and transparent manner. The
aim of NBFC-MFIs is to build sustainable livelihoods. They are the RBI recognized and regulated bodies
which provide last mile financial services to the underserved and unbanked population of the country
and promotes the Government’s financial Inclusion agenda.
Recently, MFIN has also launched a national helpline number – 18002700317 for microfinance
institutions (MFIs) customers across India. The helpline, available in different regional languages, is
operational and available to RBI regulated NBFC-MFIS who are members of MFIN from 9:30 am to 5:30
pm five days a week. The MFIN Helpline is a big step forward in MFIN’s commitment towards promoting
greater transparency and accountability in the industry.
About Microfinance Institutions Network
Microfinance Institutions Network (MFIN) is the premier industry association and Self-Regulatory
Organisation (SRO) for the microfinance industry in India and its current membership consists of 56
leading NBFC (Non-banking Financial Company) Microfinance Institutions (MFIs) in the country. The
aggregate business of MFIN members constitutes over 90 per cent of the Indian microfinance industry
(excluding SHGs). MFIN seeks to work closely with regulators and other key stakeholders to achieve
larger financial inclusions goals through microfinance.
