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Bruhadeeswaran R

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Ananya Finance aims to scoop over $26M in FY14, gets funding from IDBI Bank

General

05 June, 2013

Ananya Finance aims to scoop over $26M in FY14, gets funding from IDBI Bank

Ahmedabad-based Ananya Finance for Inclusive Growth Pvt Ltd, an institutional lender to microfinance institutions, is looking to raise as much ......

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Bharat Light and Power looking to raise $50M

Infrastructure

04 June, 2013

Bharat Light and Power looking to raise $50M

Delhi-based Bharat Light and Power Pvt Ltd (BLP), founded by former General Electric India head Tejpreet Singh Chopra, is looking ......

RBI temporarily relaxes margin cap for large MFIs

General

03 June, 2013

RBI temporarily relaxes margin cap for large MFIs

The Reserve Bank of India has decided to set the margin cap to 12 per cent for large microfinance institutions ......

Highlights of RBI's revised asset restructuring rules

General

31 May, 2013

Highlights of RBI's revised asset restructuring rules

The Reserve Bank of India (RBI) has revised and tightens the guidelines on restructuring of advances by banks and financial ......

Microlending business bounces back in FY13

General

29 May, 2013

Microlending business bounces back in FY13

Microfinance institutions (MFIs) regained their lost sheen by posting 13 per cent growth in total disbursals to Rs 23,209 crore ......

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Gujarat-based microlender M Power in talks to raise $8M in FY14

General

28 May, 2013

Gujarat-based microlender M Power in talks to raise $8M in FY14

Gujarat-based M Power Micro Finance Pvt Ltd, which was among the microfinance institutions (MFIs) that began operations just few months ......

Renuka Ramnath joins Air India board

Others

28 May, 2013

Renuka Ramnath joins Air India board

Private equity veteran Renuka Ramnath is among the five persons appointed by the Ministry of Civil Aviation to oversee the ......

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MFIs keen to attract new set of investors via ECB

General

27 May, 2013

MFIs keen to attract new set of investors via ECB

Fund-starved microfinance institutions (MFIs), which have been primarily dependent on lending from banks, have began digging into external commercial borrowing ......

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Bangalore-based microlender Samasta in talks to raise over $5M

General

24 May, 2013

Bangalore-based microlender Samasta in talks to raise over $5M

Samasta Microfinance Ltd, which took a hit on its business growth due to the spate of farmers’ suicides in Andhra ......

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RentWorks hires investment banker for sale of Indian arm, L&T Finance seen among suitors

General

24 May, 2013

RentWorks hires investment banker for sale of Indian arm, L&T Finance seen among suitors

Australia-based asset finance and rental firm RentWorks, which has been looking to sell its Indian arm, has hired Kotak Investment ......