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- Micro Finance – Support Staff Manager
Curriculum
- 43 Sections
- 187 Lessons
- Lifetime
- Fundamentals of Micro Finance8
- The Origin of Microfinance - Prof. Muhammad Yunus and Bangladesh6
- Evolution of Microfinance in India with a Brief History10
- Self-Help Groups (SHGs)11
- The Journey of Self-Help Groups (SHGs) in India and Present Scenario8
- History of SIDBI and NABARD in India4
- RBI as the Regulatory Authority for Microfinance in India2
- Sa-Dhan7
- MFIN - Introduction and Brief History7
- Hierarchy of Field Staff in Microfinance Industry11
- Understanding Key Terms in Microfinance: Member, Group, Centre, Group Leader, Centre Leader7
- What is a Joint Liability Group (JLG)?2
- How Does a Joint Liability Group (JLG) Operate?2
- Advantages of a Joint Liability Group (JLG)2
- Disadvantages of a Joint Liability Group (JLG)2
- Village Survey8
- Compulsory Group Training (CGT)6
- Group Recognition Test8
- Loan Utilization Check in Microfinance8
- Credit Bureau Reports5
- Loan Pipelining6
- Ghost Loans6
- Code of Conduct6
- Arrear Management in Microfinance3
- Delinquency Management7
- Effective Arrear Follow-up in Microfinance3
- Effective Surprise Center Visits (SCV) in Microfinance4
- Principal Outstanding vs. Principal in Arrear: Implications for NPA Provisioning6
- Non-Performing Assets (NPA) in Microfinance and RBI Prudential Norms5
- Gross NPA vs. Net NPA: Understanding the Difference5
- The Rising Challenge of Non-Performing Assets (NPAs) in India\'s Microfinance Industry7
- The Significance of Credit Risk Policy in the Microfinance Sector4
- Business Correspondent Arrangement in Microfinance Institutions (MFI)10
- On-Book vs. Off-Book Portfolio in Microfinance6
- Tier 1 and Tier 2 Capital in Microfinance5
- Co-Lending in Microfinance in India10
- Priority Sector Lending in India12
- 40.0Introduction
- 40.1Sectors Under Priority Sector
- 40.2Lending Targets
- 40.3Agricultural Credit
- 40.4Micro, Small, and Medium Enterprises (MSMEs)
- 40.5Weaker Sections
- 40.6Education
- 40.7Export Credit
- 40.8Regional Focus
- 40.9Monitoring and Reporting
- 40.10Penalties for Non-Compliance
- 40.11Micro Finance Q 371 Question
- Non-Banking Financial Company (NBFC)3
- Types of NBFCs2
- Principal Business2
- Minimum Capital Requirement for NBFCs2
- NBFCs' Exemptions3
- Know Your Customer (KYC) Guidelines5
Introduction
The Reserve Bank of India (RBI) has set forth the minimum capital requirements for different categories of Non-Banking Financial Companies (NBFCs) to commence or continue operations as non-banking financial institutions. This notification, issued on March 17, 2022, is in accordance with the powers conferred by relevant sections of the RBI Act and the Factoring Regulation Act. As of October 1, 2022, the minimum Net Owned Fund (NOF) required is ten crore rupees for the following categories:
Non-banking financial company – Investment and Credit Company (NBFC-ICC)
Non-banking financial company – Micro Finance Institution (NBFC-MFI)
Non-banking financial company – Factor (NBFC-Factor)
For existing NBFCs holding a certificate of registration as of October 22, 2021, and having a net owned fund of less than ten crore rupees, they are required to achieve the NOF of ₹10 crore according to the following glide path:
| NBFC Type | By March 31, 2025 | By March 31, 2027 |
| NBFC-ICC | ₹5 crore | ₹10 crore |
| NBFC-MFI | ₹7 crore | ₹10 crore |
| NBFC-MFI in North Eastern Region of the country | ₹5 crore | ₹10 crore |
| NBFC-Factor | ₹7 crore | ₹10 crore |
