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microfinance

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 ......

IFC-backed Bandhan Bank, GTI Capital-backed Sandhar Tech get SEBI nod for IPOs

Finance

06 March, 2018

IFC-backed Bandhan Bank, GTI Capital-backed Sandhar Tech get SEBI nod for IPOs

Bandhan Bank Ltd, India's first microfinance lender to receive a universal banking licence, and Delhi-based auto components maker Sandhar Technologies ......

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Vikram Akula-backed Vaya Finserv to raise first external funding

Finance

20 February, 2018

Vikram Akula-backed Vaya Finserv to raise first external funding

Hyderabad-based Vaya Finserv Pvt. Ltd, a microlender backed by social entrepreneur and SKS Microfinance founder Vikram Akula, is in talks ......

Development of MFIs crucial to financial inclusion: Panellists at VCCircle summit

Finance

29 November, 2017

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 ......

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Margdarshak Financial looking to raise funds, double its loan book

Finance

29 November, 2017

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 ......

RBL Bank raises stake in Swadhaar FinServe to 60.48%

Finance

27 November, 2017

RBL Bank raises stake in Swadhaar FinServe to 60.48%

Private-sector lender RBL Bank Ltd said on Monday it has raised its stake in financial product distribution subsidiary Swadhaar FinServe ......