microfinance
Finance
RBL Bank raises stake in Swadhaar FinServe to 60.48%
Private-sector lender RBL Bank Ltd said on Monday it has raised its stake in financial product distribution subsidiary Swadhaar FinServe ......
Finance
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 ......
Finance
CreditAccess-backed microlender Grameen Koota readying for IPO
Bengaluru-based microfinance firm Grameen Koota Financial Services Pvt. Ltd is readying for an initial public offering, two persons familiar with ......
Finance
GIC-backed Bandhan Bank hires merchant bankers for IPO
Bandhan Bank Ltd, India’s first micro-finance lender to receive a universal banking licence, has picked five merchant banks as it ......
Finance
Bajaj Allianz joins TPG, other existing investors to park $161 mn in Janalakshmi
Bengaluru-based microlender Janalakshmi Financial Services Pvt. Ltd, which had secured a licence for floating a small finance bank, has raised ......
Finance
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 ......
Finance
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 ......
Finance
SV Creditline plans Series A funding to triple loan book
New Delhi-based microfinance company SV Creditline Pvt. Ltd is looking to raise its maiden equity funding to increase its reach ......
Finance
Annapurna Microfinance raises fresh funds from Bamboo Capital, others
Bhubaneswar-based non-banking finance company Annapurna Microfinance Pvt. Ltd has raised Rs 61 crore ($9.5 million) from Bamboo Capital Partners and ......
Finance
Former Satin Creditcare exec Vivek Tiwari floats NBFC
Vivek TiwariVivek Tiwari has floated a non-banking financial company (NBFC) Satya MicroCapital Ltd to provide affordable credit in the ......