MFI
Finance
Development of MFIs crucial to financial inclusion: Panellists at VCCircle summit
The success of India's financial inclusion drive hinges on the development of microfinance institutions (MFIs), panellists at the fifth edition ......
Finance
Margdarshak Financial looking to raise funds, double its loan book
Lucknow-based microfinance company, Margdarshak Financial Services Ltd, is looking to raise capital in an effort to more than double its ......
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
Madura Micro Finance raising more capital from strategic investor
Non-banking financial company Madura Micro Finance Ltd (MMFL) is raising a second tranche of equity capital in its Series B ......
Finance
Spandana Sphoorty raises $270 mn, exits CDR
Spandana Sphoorty Financial Ltd has raised over $100 million (about Rs 650 crore) in equity capital from a consortium of ......
General
SMILE Microfinance on the block
Chennai-based SMILE Microfinance Ltd is up for sale with both its majority shareholder, US fund manager Developing World Markets (DWM), ......
General
PE firm True North to partially exit small finance bank licensee Fincare
Fincare Business Services Pvt. Ltd, a financial services holding company, is in late-stage discussions to raise external equity funding that ......
General
Ujjivan IPO covered over 40 times on final day
The initial public offering of Bengaluru-based microfinance firm Ujjivan Financial Services Ltd drew a massive response on the third and ......
General
Ujjivan IPO covered 81% on day 2
Bengaluru-based microfinance firm Ujjivan Financial Services Ltd's initial public offering (IPO) was covered 81% at the end of the second ......
General
Ujjivan IPO gets off to a slow start
Bengaluru-based microfinance firm Ujjivan Financial Services Ltd's initial public offering (IPO) made a slow start on Thursday with the issue ......
