microfinance

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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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 ......

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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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 ......

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 ......

Finance

14 October, 2017

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 ......

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Finance

12 September, 2017

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

12 September, 2017

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

11 September, 2017

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

11 September, 2017

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 ......

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