Bruhadeeswaran R
General
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 ......
Infrastructure
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 ......
General
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 ......
General
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 ......
General
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 ......
General
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 ......
Others
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 ......
General
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 ......
General
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 ......
General
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 ......