microfinance
Finance
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 ......
Finance
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 ......
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
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 ......
Finance
IndusInd Bank signs pact to acquire Bharat Financial
IndusInd Bank Ltd said on Saturday it has agreed to buy microlender Bharat Financial Inclusion Ltd in an all-stock deal.The ......
Finance
CreditAccess-backed microlender Grameen Koota readying for IPO
Bengaluru-based microfinance firm Grameen Koota Financial Services Pvt. Ltd is readying for an initial public offering, two persons familiar with ......
Finance
GIC-backed Bandhan Bank hires merchant bankers for IPO
Bandhan Bank Ltd, India’s first micro-finance lender to receive a universal banking licence, has picked five merchant banks as it ......
Finance
Bajaj Allianz joins TPG, other existing investors to park $161 mn in Janalakshmi
Bengaluru-based microlender Janalakshmi Financial Services Pvt. Ltd, which had secured a licence for floating a small finance bank, has raised ......
Finance
IndusInd Bank inks deal to explore buying microlender Bharat Financial
Private-sector lender IndusInd Bank Ltd has entered into an exclusive pact to explore the acquisition of microfinance institution Bharat Financial ......