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PE-backed Ujjivan launches small finance banking operations

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02 February, 2017

PE-backed Ujjivan launches small finance banking operations

Bengaluru-based listed microfinance firm Ujjivan Financial Services Ltd has launched small finance banking operations after transferring its business to Ujjivan ......

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Capital Small Finance Bank gets funding commitment from insurance firms

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17 January, 2017

Capital Small Finance Bank gets funding commitment from insurance firms

Punjab-based Capital Small Finance Bank (CSFB), formerly Capital Local Area Bank, has received commitment from several investors for an equity ......

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AU Financiers hires bankers for IPO, expects issue in mid-2017

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15 December, 2016

AU Financiers hires bankers for IPO, expects issue in mid-2017

Small finance bank applicant AU Financiers (India) Ltd has finalised four merchant bankers to float its initial public offering and ......

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How microfinance lenders have become hot targets for financial services firms

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08 December, 2016

How microfinance lenders have become hot targets for financial services firms

The inability to tap private equity investors by fund-starved small- to medium-sized microfinance companies (MFIs) has created a market full ......

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AU Financiers firming IPO plans; Warburg Pincus to part-exit

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26 October, 2016

AU Financiers firming IPO plans; Warburg Pincus to part-exit

Small finance bank applicant AU Financiers (India) Ltd is firming up plans to float its maiden public issue and is ......

Utkarsh Micro Finance raises $60 mn from RBL Bank, Faering Capital and others

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30 September, 2016

Utkarsh Micro Finance raises $60 mn from RBL Bank, Faering Capital and others

Varanasi-based Utkarsh Micro Finance Pvt. Ltd has raised fresh capital of Rs 395 crore ($60 million) from several domestic institutional ......

IFC to invest $40 mn in microlender Ujjivan Financial via debt

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16 September, 2016

IFC to invest $40 mn in microlender Ujjivan Financial via debt

International Finance Corporation (IFC) will invest up to $40 million (about Rs 268 crore) in Bengaluru-based microfinance firm Ujjivan Financial ......

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Capital Small Finance Bank seeks to raise capital from private equity investors

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29 August, 2016

Capital Small Finance Bank seeks to raise capital from private equity investors

Punjab-based Capital Small Finance Bank (CSFB), formerly Capital Local Area Bank, is in talks to raise equity funding from institutional ......

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Utkarsh Micro Finance's new funding to value it at $150 mn

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26 August, 2016

Utkarsh Micro Finance's new funding to value it at $150 mn

Varanasi-based Utkarsh Micro Finance Pvt Ltd is in an advanced stage of talks with several potential investors to raise funds ......

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Utkarsh Micro Finance set to raise capital from new investors

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27 July, 2016

Utkarsh Micro Finance set to raise capital from new investors

Varanasi-based Utkarsh Micro Finance Pvt. Ltd is in an advanced stage of talks with several potential investors to raise funds ......