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Micro Housing Finance Corp raises $5.4M in new equity funding

General

16 September, 2013

Micro Housing Finance Corp raises $5.4M in new equity funding

Urban lower income-focused housing finance company, Micro Housing Finance Corporation (MHFC), has raised Rs 35 crore ($5.4 million) in new ......

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Manulife close to buying 26% in ING Vysya Life Insurance for $75M

General

13 September, 2013

Manulife close to buying 26% in ING Vysya Life Insurance for $75M

Canadian financial services major Manulife Financial is close to striking a deal to pick 26 per cent stake in ING ......

GDP growth forecast for FY14 cut from 6.4% to 5.3%

General

13 September, 2013

GDP growth forecast for FY14 cut from 6.4% to 5.3%

Indian economy is forecast to grow 5.3 per cent in the current fiscal year ending March 31, 2014, a marginal ......

Why the worst is over for Indian economy but why it's not time to uncork the bubbly

General

13 September, 2013

Why the worst is over for Indian economy but why it's not time to uncork the bubbly

The rate at which the stock markets, and the Indian market in particular, gyrate to sentiments can give any belly ......

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Siguler Guff's India head Praneet Singh moves to New York office

General

12 September, 2013

Siguler Guff's India head Praneet Singh moves to New York office

Praneet Singh, who headed Mumbai office of Siguler Guff, has moved to New York to help the firm expand its ......

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Banks bad loans listing site NPASource.com raises funds from SIDBI, eyes over $1.57M more within a year

General

12 September, 2013

Banks bad loans listing site NPASource.com raises funds from SIDBI, eyes over $1.57M more within a year

Ahmedabad-based Atishya Technologies Pvt Ltd, which runs NPASource.com, an aggregation portal listing non-performing (or bad) assets of lenders, is planning ......

Vikram Akula may need to battle it out for SKS Microfinance board seat

General

11 September, 2013

Vikram Akula may need to battle it out for SKS Microfinance board seat

Vikram Akula, founder of SKS Microfinance who quit the firm in late 2011 over differences with the firm’s board, may ......

Microfinance institutions see fresh disbursals rocket 56% in Q1

General

11 September, 2013

Microfinance institutions see fresh disbursals rocket 56% in Q1

Microfinance institutions (MFIs), which bounced back in FY13 after two years of afflictions following regulatory flip-flop, have gained growth momentum ......

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Swadhaar raises equity funding from SIDBI

General

11 September, 2013

Swadhaar raises equity funding from SIDBI

Accion-backed micro finance firm Swadhaar FinServe Pvt Ltd (SFPL) has received equity investment from Small Industries Development Bank of India ......

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Andhra crisis forced microfinance sector from adolescence to adulthood: Aavishkaar's Vineet Rai

General

10 September, 2013

Andhra crisis forced microfinance sector from adolescence to adulthood: Aavishkaar's Vineet Rai

Microfinance sector has started coming out of the turmoil after the regulatory crisis that hit its key market in Andhra ......

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