Customised Masterclass for Directors” Workshop held in February 2023

The Customised Masterclass for Directors” workshop was held on February 21st & 22nd in association with the Institute of Directors for the Board Directors of microfinance lenders. The faculty comprised of distinguished professionals who delivered modules on important topics like Companies Act and other corporate laws, the duties, responsibilities and liabilities of directors, and aspects of improving corporate credibility and governance standards etc. MFIN CEO & Director, Dr Alok Misra took a session on building a great Board and Board’s role specific to microfinance regulations and guidelines.

Second batch of LeadEdge - an MFIN-XIM Management & Leadership Training Programme organised in January 2023

The second batch of LeadEdge’ – MFIN-XIMB University Management & Leadership Training Programme for medium to senior level microfinance professionals was held from 19th – 21st January 2023. The enriching sessions by the faculty of XIM University on various topics included - Communication skills, Team management, Leadership, Time Management, Personality types, Crisis Management, handling ethical issues at work, etc. Dr Alok Misra, CEO & Director of MFIN took sessions on the Microfinance sector perspective and leadership essentials while Ms. Achla Savyasaachi, National Head - State Initiatives, shared her insights on dealing with public officials with the participants.

LeadEdge - an MFIN-XIM Management & Leadership Training Programme, held in December 2022.

LeadEdge’, an MFIN-XIM Management & Leadership Training Programme, exclusively designed by MFIN in collaboration with Xavier University, Bhubaneswar was held from 8th- 10th December 2022. The first batch of LeadEdge’ participants included medium to senior level microfinance professionals. The programme comprised of a series of informative sessions by the XIM faculty. The subjects include leadership, negotiation skills, crisis management, stress management and work-life balance among others. Mr. B B Mishra, a retired IPS Officer held a special session on dealing with public officials. Dr Alok Misra, CEO & Director of MFIN also addressed the participants on leadership qualities in the emerging microfinance scenario.

Workshop on equity and debt financing for the small and medium MFIs in November 2022

On 4th November 2022, a workshop for Small and Medium MFIs was held in Mumbai to familiarize MFIs with the process of equity raising and bankers’ perspective on debt financing and presenting an outline about “Impetus” (an initiative of MFIN in partnership with Mindstone Maven) - an online information sharing platform, exclusively for the NBFC-MFI Members of MFIN.

Enterprise Risk Management Workshop held in August 2022

On 24th August 2022, MFIN in partnership with IRM India Affiliate conducted a workshop on “ Enterprise Risk Management” for CROs/CXOs of MFIN Member institutions. The workshop discussed interesting insights on ERM Framework (ESG, Climate Risk, Cyber Digital Risk and implementation of ERM) and District Risk Index ( Using DRI Maps for measuring and managing geographic concentration risks). Further, basis the small group discussions held on risk faced by MFIs including possible ways to address them, a whitepaper will be drafted by IRM.

MIS Workshops held in July 2022

Over the years, MFIN has established itself as a knowledge hub publishing industry level data. With the release of the Harmonised Regulatory Framework by the RBI, there was a need to revise the data reporting requirement of MFIN as an SRO. To sensitise MFIN Members on the amended changes and to ensure relevant information is captured, MIS Training Workshops were organised in Delhi, Kolkata, Hyderabad, and Mumbai.

Skilling and Financial Literacy Workshops in Rural Punjab – October 2021
Skilling & Upskilling Workshops in Assam – February 2021
RBI’s Depositor Education Workshops held in July – August 2019.

RBI entrusted MFIN with the task of conducting 2250 workshops to educate the depositors on the various financial aspects of banking under the aegis of its Depositor Education and Awareness (DEA) Fund Cell. The project comprised of three phases (i) Pilot, (ii) Training of Trainers (ToTs) and (iii) Delivery of workshops in selected districts by various partner MFIs of MFIN. Based on the Pilot experience, MFIN successfully conducted the 8 Training of Trainers (TOTs) of partner MFIs in 8 TOTs in Patna, Mumbai, Chennai, Bhubaneshwar, New Delhi, Lucknow, Kolkata & Ranchi where 230 trainers of 41 MFIs were trained as master trainers. The final stage of executing 2,250 workshops involves an agreement with 40 Members that will commence soon.

Workshop on Microfinance Institutions Rating held on 29th July

Banker’s Institute of Rural Development (BIRD), Lucknow and MFIN jointly organised a workshop on Microfinance Institutional Ratings on 29th July 2019 in Lucknow with support from NABARD. The basic premise was to initiate a dialogue on the need for funding support to the small and medium sized MFIs to enable them to grow and become sustainable and contribute to financial inclusion. In this context, MFIN made a presentation on “Performance benchmarks by institutional sizes and the need for reviewing rating framework The roundtable was attended by senior officials of NABARD and BIRD, Rating Agencies and 21 MFIN members including NBFC-MFIs, Banks, SFBs, and Corporate BCs.

HSBC Project Regional Workshops held in February – March 2019.

Digitalizing cash-based operations has the potential to bring a host of benefits to MFIs as it mitigates cash carrying risks and improves operational efficiency by saving time for frontline staff.It was under this context that MFIN, conducted a pilot project funded by HSBC India and supported by six NBFC-MFI members in eight states across 16 branches. The project aimed at finding an appropriate model to provide a basic standard of digital engagement to facilitate cashless collection of repayments. With the successful execution of the pilot, four regional workshops were organised in Kolkata, Mumbai, Delhi and Bangalore for knowledge dissemination, attended by NBFC, NBFC MFI, Banks, Fintech, Regulators and Telecom firms.

• HR & PR Workshop held on 23rd & 24th August 2018.

MFIN hosted the second in series Workshop on Human Resource in New Delhi on the 23rd & 24th August, 2018. The event brought together Human Resource and Communications & Public Relations Representatives from the member NBFC-MFIs under one roof. Various topics like operationalisation and utilisation of HR Bureau, requirement for a common skilling platform particularly for field staff, exposure to various Best HR Practices within the industry were discussed. The key initiatives on Human Resources that have been introduced by MFIN are Equifax Employee Database, Talent & Reward Dipstick & new initiatives on Code of Conduct for loan officers. The second day included a session titled “Media and Messaging – dealing with the media” which was delivered by Dr. Sanjay Nigam, Consulting Strategy, Perfect Relations.

MFIN SRO Workshop held on 10-11th October 2017.

MFIN hosted a two-day SRO Workshop on “Self-Regulation and Compliance” on the 10th and 11th October 2017 in Gurugram. The keynote address on the regulatory aspects was given by Shri. C.D. Srinivasan, CGM, DNBR, RBI. The event was segregated into various sessions focused on SRO mandates, Regulations and Compliances with respect to Grievance Redressal Mechanism, Credit Bureau, KYC Standards and other regulatory aspects to be followed by NBFC-MFIs. Additionally, separate sessions were conducted on Third Party Evaluation, calendar of submission of reports and trackers to the SRO, Dispute Resolution Process and Governance Committees of SRO.

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