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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...

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 ......

IFC-backed Bandhan Bank makes stellar stock market debut

Finance

27 March, 2018

IFC-backed Bandhan Bank makes stellar stock market debut

Microlender-turned-bank Bandhan Bank Ltd made a positive trading debut on Tuesday, with its shares listing at a premium of nearly ......

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Microlender SV Creditline ropes in insurer as first external equity investor

Finance

26 March, 2018

Microlender SV Creditline ropes in insurer as first external equity investor

Gurugram-based microfinance company SV Creditline Pvt. Ltd, which has raised debt capital from several investors, has roped in an insurance ......

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PE-backed microlender Spandana Sphoorty picks bankers for IPO

Finance

23 March, 2018

PE-backed microlender Spandana Sphoorty picks bankers for IPO

Spandana Sphoorty Financial Ltd, a microlender which counts private equity firm Kedaara Capital among its investors, has selected merchant banks ......

Bandhan Bank's IPO subscribed nearly 15 times after strong turnout on final day

Markets

19 March, 2018

Bandhan Bank's IPO subscribed nearly 15 times after strong turnout on final day

Bandhan Bank Ltd’s initial public offering (IPO) was subscribed nearly 15 times after strong turnout on the final day that ......

IFC-backed Bandhan Bank's IPO subscribed 88% on day 2

Finance

16 March, 2018

IFC-backed Bandhan Bank's IPO subscribed 88% on day 2

Bandhan Bank Ltd’s initial public offering was covered 88% on the second day, on Friday, as institutional investors continued their ......

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