Microfinance Media buzz brings a compilation of industry headlines broadcasted by other news media from across the world.

1. WSJ: Microfinance Lenders Seek Ways to Hedge Forex Risks

Global banks have figured out how to hedge against unexpected exchange-rate movements in the euro, yen and Swiss franc. But what happens when they try dealing with the Mongolian togrog?  (Read More) News Published by The Wall Street Journal

2. HP: Microfinance Governance Matters, So Does Structure

In response to the lively debate at Microfinance USA back in May between Errol Damelin, Wonga; Carlos Danel, Compartamos Banco; Adam Davidson, Planet Money, NPR; Ananya Roy (Read More) News Published by Huffington Post

3. DT: Tameer Bank CEO wins ‘Leader of the Year’ award

Tameer Microfinance Bank CEO has been selected ‘Leader of the Year’ by an international panel of microfinance leaders at the 6th Annual Global Microfinance Achievement Awards 2011. (Read More) News Published by Daily Times

4. WSJ: SKS Microfinance: Too Early to Cheer?

Investors seem confident that a proposed federal law aimed at  regulating microlenders while overriding stricter state-level laws will work like a magic spell and resurrect the fortunes of SKS Microfinance. (Read More) News Published by The Wall Street Journal

5. NDT: Ajimobi inaugurates committee on 20,000 jobs creation

AS a fulfilment of one of his campaign promises to banish unemployment, especially among youths in Oyo State, Governor Abiola Ajimobi, on Wednesday, inaugurated a steering committee to (Read More) News Published by Nigerian Daily Tribune

6. FC: Aviva, Basix join hands for faster, cheaper policy issuance

Aviva Life Insurance joined hands with Basix group, better known as a microfinance company, to automate end-to-end retail microinsurance policy enforcement through integrated technology. (Read More) News Published by Financial Chronicle

7. BS: Ramesh's funds still go to self-help groups

Much before Jairam Ramesh threw his weight behind tigers and mangroves at the cost of irking corporate interests, he was an enthusiastic champion of the experiments (Read More) News Published by Business Standard

8. DM: World Bank $50m to improve financial systems

Uganda has received a $50 million policy loan from the World Bank to help the country build an efficient and robust financial system. The fund will support broad-based private sector growth.  (Read More) News Published by Daily Monitor

9. Mint: Private equity firms see value in NBFCs

Private equity (PE) firms are chasing non-banking financial companies (NBFCs) even as India’s banking regulator has signalled its determination to tighten its grip on the sector. (Read More) News Published by Mint

10. BS: Rs 5,631 cr sanctioned by Nabard under RIDF

National Bank for Agriculture and Rural Development (Nabard) has sanctioned 117,141 projects for Orissa under the Rural Infrastructure Development Fund (RIDF) at a financial outlay of Rs 5,631 crore. (Read More) News Published by Business Standard