microfinance
Finance
Bottomline: NPA woes trouble Piramal Alts-backed Annapurna Finance
Annapurna Finance, backed by a string of investors including Piramal Alternatives, grappled with a significant rise in ......
Finance
Bottomline: MFI sector woes hit Satya MicroCapital's loan book, profitability
Satya MicroCapital, a Delhi-based microfinance institution backed by Japanese impact investor Gojo & Company Inc, saw ......
Finance
Maintaining portfolio quality a priority; growing cautiously: Satin Creditcare MD
Microfinance lender Satin Creditcare Network has projected an 8-10% growth in consolidated assets under management (AUM......
Finance
Sector scan: Why microfinance firms are bracing for growth slowdown
In March, India’s microfinance sector recorded its biggest private equity transaction. That month, US-based Advent ......
Finance
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 ......
Finance
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 ......
Finance
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...
Finance
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...
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 in rural red zones, small finance...
Finance
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 ......