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CX Partners scores neat returns in partial exit from financial services firm

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CX Partners scores neat returns in partial exit from financial services firm

Private equity firm CX Partners has scored neat returns by selling a little over a third of its ...

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Bandhan Bank's Chandra Shekhar Ghosh on credit growth, NPA outlook and more

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Bandhan Bank's Chandra Shekhar Ghosh on credit growth, NPA outlook and more

Bandhan Bank received a banking licence in 2014, beating out many large conglomerates in the process...

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New York-based Kora gets sharp haircut on exit from microfinance firm

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New York-based Kora gets sharp haircut on exit from microfinance firm

US-based investment firm Kora Management, focussed on internet and financial services, has exited ...

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Annapurna Finance to raise funding as coronavirus roils MFIs

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Annapurna Finance to raise funding as coronavirus roils MFIs

Microfinance institution Annapurna Finance Pvt. Ltd is in advanced discussions to raise equity ...

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Small finance banks predict six-month recovery from corona, MSME loans to reel most

Finance

Small finance banks predict six-month recovery from corona, MSME loans to reel most

As the country relaxes the lockdown and permits agricultural, construction and industrial activity ...

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India's $28-bn microfinance sector braces for turmoil as third crisis hits in a decade

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India's $28-bn microfinance sector braces for turmoil as third crisis hits in a decade

Gagan Kumar, who runs a small hair salon in Mumbai’s Borivali suburb, is a worried man these days...

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Satya MicroCapital raising fresh equity funding from global investor

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Satya MicroCapital raising fresh equity funding from global investor

Satya MicroCapital Ltd is raising a large equity round of funding from a global investor, a top ...

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Northern Arc Investments exceeds target returns in maiden debt fund exit

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Northern Arc Investments exceeds target returns in maiden debt fund exit

Northern Arc Investments, the alternative investment arm of Northern Arc Capital, has returned the ...

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Village Financial seeks private growth capital after deferring IPO

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Village Financial seeks private growth capital after deferring IPO

Microlender Village Financial Services Ltd is looking to raise private capital and convert to a ...

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Local PE firm, hedge fund among anchor investors in Spandana Sphoorty's IPO

Finance

Local PE firm, hedge fund among anchor investors in Spandana Sphoorty's IPO

Hyderabad-based micorfinance lender Spandana Sphoorty Financial Ltd has attracted a set of prominent...