microfinance
Finance
Former Utkarsh Small Finance Bank execs float microfinance company
Two former executives at Utkarsh Small Finance Bank Ltd have set up a microfinance company and are aiming to raise ......
Finance
Microlenders' gross loans jump 53% in April-June
The gross loan portfolio of pureplay microfinance institutions (MFIs) rose 53% to Rs 51,878 crore for the April-June period from Rs ......
Finance
Microlender CreditAccess Grameen falls on stock market debut
CreditAccess Grameen Ltd, which operates under the Grameen Koota brand, made a weak debut on the stock exchanges on Thursday ......
Finance
Microlender CreditAccess Grameen's IPO fully subscribed on final day
The initial public offering (IPO) of microfinance lender CreditAccess Grameen Ltd was fully subscribed midway through the third and final ......
Finance
Fusion Microfinance scouts for acquisitions to speed up expansion
Delhi-headquartered Fusion Microfinance Pvt. Ltd is scouting for acquisitions to expand presence in new regions, its co-founder said. The microlender is ......
Finance
In Charts: The changing dynamics of the microfinance industry in India
India’s microfinance industry, which has attracted loads of capital from private equity, venture capital and impact investment firms, is thriving ......
Finance
Microlender Sambandh gets equity funding from Singapore investor
Sambandh Finserve Pvt. Ltd has raised $2.5 million (Rs 17.2 crore) in equity funding from Singapore-based Base of Pyramid Asia ......
Finance
RBL Bank ups stake in Swadhaar FinServe to 100%
Private-sector lender RBL Bank Ltd has acquired the 39.52% stake it doesn’t already own in Mumbai-based financial products distribution unit ......
Finance
Kedaara, Helion to part-exit microlender Spandana Sphoorty via IPO
Microfinance lender Spandana Sphoorty Financial Ltd has filed its draft prospectus with Securities and Exchange Board of India (SEBI) to ......
Finance
Microfinance lender Satya MicroCapital raises $1.7 mn via rights issue
Satya MicroCapital Ltd, a New Delhi-based non-banking financial company (NBFC), has raised Rs 11.48 crore ($1.7 million) from existing investors ......