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microfinance

Microlenders' gross loans jump 53% in April-June

Finance

30 August, 2018

Microlenders' gross loans jump 53% in April-June

The gross loan portfolio of pureplay microfinance institutions (MFIs) rose 53% to Rs 51,878 crore for the April-June period from Rs ......

Microlender CreditAccess Grameen falls on stock market debut

Finance

23 August, 2018

Microlender CreditAccess Grameen falls on stock market debut

CreditAccess Grameen Ltd, which operates under the Grameen Koota brand, made a weak debut on the stock exchanges on Thursday ......

Microlender CreditAccess Grameen's IPO fully subscribed on final day

Finance

10 August, 2018

Microlender CreditAccess Grameen's IPO fully subscribed on final day

The initial public offering (IPO) of microfinance lender CreditAccess Grameen Ltd was fully subscribed midway through the third and final ......

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Fusion Microfinance scouts for acquisitions to speed up expansion

Finance

23 July, 2018

Fusion Microfinance scouts for acquisitions to speed up expansion

Delhi-headquartered Fusion Microfinance Pvt. Ltd is scouting for acquisitions to expand presence in new regions, its co-founder said. The microlender is ......

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In Charts: The changing dynamics of the microfinance industry in India

Finance

18 July, 2018

In Charts: The changing dynamics of the microfinance industry in India

India’s microfinance industry, which has attracted loads of capital from private equity, venture capital and impact investment firms, is thriving ......

Microlender Sambandh gets equity funding from Singapore investor

Finance

11 July, 2018

Microlender Sambandh gets equity funding from Singapore investor

Sambandh Finserve Pvt. Ltd has raised $2.5 million (Rs 17.2 crore) in equity funding from Singapore-based Base of Pyramid Asia ......

RBL Bank ups stake in Swadhaar FinServe to 100%

Finance

28 June, 2018

RBL Bank ups stake in Swadhaar FinServe to 100%

Private-sector lender RBL Bank Ltd has acquired the 39.52% stake it doesn’t already own in Mumbai-based financial products distribution unit ......

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Kedaara, Helion to part-exit microlender Spandana Sphoorty via IPO

Finance

26 June, 2018

Kedaara, Helion to part-exit microlender Spandana Sphoorty via IPO

Microfinance lender Spandana Sphoorty Financial Ltd has filed its draft prospectus with Securities and Exchange Board of India (SEBI) to ......

Microfinance lender Satya MicroCapital raises $1.7 mn via rights issue

Finance

13 June, 2018

Microfinance lender Satya MicroCapital raises $1.7 mn via rights issue

Satya MicroCapital Ltd, a New Delhi-based non-banking financial company (NBFC), has raised Rs 11.48 crore ($1.7 million) from existing investors ......

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Muthoot Microfin kicks off process for large IPO

Finance

12 April, 2018

Muthoot Microfin kicks off process for large IPO

Muthoot Microfin Ltd, the microloan arm of Kerala-based Muthoot Pappachan Group, has selected merchant bankers for an initial public offering ......