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In Charts: How microfinance industry performed in April-June quarter

Finance

01 September, 2017

In Charts: How microfinance industry performed in April-June quarter

India’ microfinance institutions (MFIs) have shown small signs of recovery in the first quarter of the fiscal year that began ......

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SV Creditline plans Series A funding to triple loan book

Finance

25 July, 2017

SV Creditline plans Series A funding to triple loan book

New Delhi-based microfinance company SV Creditline Pvt. Ltd is looking to raise its maiden equity funding to increase its reach ......

Annapurna Microfinance raises fresh funds from Bamboo Capital, others

Finance

20 July, 2017

Annapurna Microfinance raises fresh funds from Bamboo Capital, others

Bhubaneswar-based non-banking finance company Annapurna Microfinance Pvt. Ltd has raised Rs 61 crore ($9.5 million) from Bamboo Capital Partners and ......

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Former Satin Creditcare exec Vivek Tiwari floats NBFC

Finance

27 June, 2017

Former Satin Creditcare exec Vivek Tiwari floats NBFC

Vivek TiwariVivek Tiwari has floated a non-banking financial company (NBFC) Satya MicroCapital Ltd to provide affordable credit in the ......

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TPG-backed Janalakshmi raising large PE round from new, existing investors

Finance

16 June, 2017

TPG-backed Janalakshmi raising large PE round from new, existing investors

Bengaluru-based small finance bank licencee Janalakshmi Financial Services (JFS) is in talks to raise a fresh round of equity funding ......

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How was German investment firm DEG's exit from Equitas?

Finance

06 June, 2017

How was German investment firm DEG's exit from Equitas?

German investment and development corporation Deutsche Investitions- und Entwicklungsgesellschaft (DEG) has struck its second profitable exit in as many years ......

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Company watch: Janalakshmi all set for new innings with robust financials

Finance

29 May, 2017

Company watch: Janalakshmi all set for new innings with robust financials

When India’s microfinance industry went through a crisis in the years after Andhra Pradesh framed strict rules for the sector ......

Bharat Financial Inclusion in talks with three banks for stake sale

Finance

25 May, 2017

Bharat Financial Inclusion in talks with three banks for stake sale

Bharat Financial Inclusion Ltd, India’s first microlender to go public, is open for a complete takeover or a partial stake ......

IFC to make $20 mn debt investment in RGVN North East Microfinance

Finance

30 March, 2017

IFC to make $20 mn debt investment in RGVN North East Microfinance

International Finance Corporation has proposed to make a debt investment of up to $20 million (about 130 crore) in Guwahati, ......

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SMILE Microfinance on the block

General

22 February, 2017

SMILE Microfinance on the block

Chennai-based SMILE Microfinance Ltd is up for sale with both its majority shareholder, US fund manager Developing World Markets (DWM), ......

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