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

Finance

26 November, 2020

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 stake in ......

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

Finance

28 September, 2020

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. In the last five ......

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

Finance

16 September, 2020

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 its maiden India bet on a listed ......

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Annapurna Finance to raise funding as coronavirus roils MFIs

Finance

04 June, 2020

Annapurna Finance to raise funding as coronavirus roils MFIs

Microfinance institution Annapurna Finance Pvt. Ltd is in advanced discussions to raise equity funding from a few institutional investors, two ......

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

Finance

04 May, 2020

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 in rural red zones, small finance banks ......

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

Finance

14 April, 2020

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. Kumar had ......

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Satya MicroCapital raising fresh equity funding from global investor

Finance

06 April, 2020

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 executive at the ......

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Northern Arc Investments exceeds target returns in maiden debt fund exit

Finance

05 February, 2020

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 money it had raised from limited ......

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Village Financial seeks private growth capital after deferring IPO

Finance

14 January, 2020

Village Financial seeks private growth capital after deferring IPO

Microlender Village Financial Services Ltd is looking to raise private capital and convert to a small finance bank in a ......

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

Finance

02 August, 2019

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

Hyderabad-based microlender Spandana Sphoorty Financial Ltd has attracted prominent domestic and foreign investors, including a private equity firm and a ......