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IndusInd bank to raise $150 mn from US DFC to aid women borrowers

Finance

21 October, 2022

IndusInd bank to raise $150 mn from US DFC to aid women borrowers

Private-sector lender IndusInd Bank Ltd plans to raise $150 million (around Rs 1,200 crore) loan from US government’s Development Finance ......

 French agency Proparco makes a loan for IndusInd Bank's microfinance division

Finance

19 April, 2021

French agency Proparco makes a loan for IndusInd Bank's microfinance division

French development agency Proparco made a $75 million (about Rs 560 crore) loan to mid-sized private-sector lender IndusInd Bank for ......

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Mid-market PE firm looks to bet on Vikram Akula-backed microlender Vaya

Finance

30 January, 2020

Mid-market PE firm looks to bet on Vikram Akula-backed microlender Vaya

Hyderabad-based Vaya Finserv Pvt. Ltd, a microlender backed by social entrepreneur and SKS Microfinance founder Vikram Akula, is in talks ......

IndusInd Bank in race for IL&FS units, to complete Bharat Financial merger soon

Finance

09 January, 2019

IndusInd Bank in race for IL&FS units, to complete Bharat Financial merger soon

IndusInd Bank is still in the running to acquire two units of the debt-strapped Infrastructure Leasing and Financial Services Ltd ......

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In Charts: How the pecking order of top Indian microlenders changed

Finance

07 August, 2018

In Charts: How the pecking order of top Indian microlenders changed

India's microfinance industry went through a bit of a churn at the top during the financial year through March 2018 ......

Microlenders' loan portfolio surges in Oct-Dec quarter: MFIN report

Finance

26 February, 2018

Microlenders' loan portfolio surges in Oct-Dec quarter: MFIN report

On the back of the private equity and venture capital money raised by microlenders, the gross loan portfolio of non-banking ......

IndusInd Bank signs pact to acquire Bharat Financial

Finance

14 October, 2017

IndusInd Bank signs pact to acquire Bharat Financial

IndusInd Bank Ltd said on Saturday it has agreed to buy microlender Bharat Financial Inclusion Ltd in an all-stock deal.The ......

NSE Nifty climbs above 10,000 to end at one-month high

Markets

11 September, 2017

NSE Nifty climbs above 10,000 to end at one-month high

The Nifty rose 0.7% on Monday to close above 10,000 points for the first time in more than a month, ......

IndusInd Bank inks deal to explore buying microlender Bharat Financial

Finance

11 September, 2017

IndusInd Bank inks deal to explore buying microlender Bharat Financial

Private-sector lender IndusInd Bank Ltd has entered into an exclusive pact to explore the acquisition of microfinance institution Bharat Financial ......

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In Charts: How microfinance industry performed in April-June quarter

Finance

01 September, 2017

In Charts: How microfinance industry performed in April-June quarter

India’ microfinance institutions (MFIs) have shown small signs of recovery in the first quarter of the fiscal year that began ......