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M Nagaraju News - Latest Updates & Headlines

Secretary Department of Financial Services chairs review meeting today

New Delhi, January 15: M Nagaraju, Secretary, Department of Financial Services, Ministry of Finance, chaired a review meeting with heads of Public Sector Banks and MD and CEOs and senior officers of Private Sector Banks, in New Delhi on Wednesday,according to an official release from the Ministry.

Indian Micro Finance sector grows by over 2,100% in 12 yrs

New Delhi, January 9: The business of Micro Finance Institutions (MFIs) industry has risen from Rs 17,264 crores in March'12 to Rs. 3.93 lakh crore as of November'24, M Nagaraju, Secretary, DFS, Ministry of Finance was apprised by the industry representatives during a meeting in New Delhi.As per the MFI stateholders, the industry has grown more than 2176 per cent over 12 years.