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ASIRVAD MICROFINANCE
Manappuram aims to cut microfinance share to less than 15% to de-risk portfolioManappuram Finance aims to reduce its microfinance portfolio to below 15% of its consolidated AUM to mitigate risks associated with unsecur...25 Feb, 2025, 07.12 PM IST- Bain Capital closes in on likely $1 billion Manappuram Finance dealBain Capital is nearing a deal to acquire a controlling stake in Manappuram Finance. The agreement involves fresh capital from Bain and a s...24 Feb, 2025, 10.46 AM IST
- RBI lifts ban on NBFCs Asirvad Micro Finance and DMI FinanceThe Reserve Bank of India lifted restrictions on Asirvad Micro Finance and DMI Finance. These restrictions had been imposed in October 2024...08 Jan, 2025, 06.40 PM IST
- MFIs reduce lending rates as RBI voices concernsSeveral microfinance lenders in India have reduced their lending rates in recent months following regulatory scrutiny from the Reserve Bank...13 Nov, 2024, 09.11 PM IST
- RBI may act against more NBFCs to check obscure lending practices: Morgan StanleyThe Reserve Bank of India has ordered four Non-Banking Financial Companies, including two microfinance institutions, to stop new loan appro...18 Oct, 2024, 01.44 PM IST
- Expect 20% EPS downgrade for Manappuram as Asirvad woes deepen: Shweta DaptardarSo, the whole sector is reeling under pressure and so both on the microfinance side and I believe Manappuram will also have certain setback...18 Oct, 2024, 11.34 AM IST
- Manappuram Finance shares rally 5% on Sebi nod to IPO of subsidiary Asirvad Micro FinanceManappuram Finance shares surged 5.4% to a 52-week high of Rs 207.30 following news of subsidiary Asirvad Micro Finance receiving Sebi appr...30 Apr, 2024, 02.08 PM IST
- Manappuram tanks on Sebi hold on Arm's IPOThe Securities and Exchange Board of India said in a report published on January 5, it had put Asirvad's issue 'Under Abeyance'. Manappuram...11 Jan, 2024, 05.52 AM IST
- Manappuram Finance shares plunge over 7% as SEBI puts Asirvad IPO on holdThe delay in the IPO represents a blow to Manappuram Finance, which had raised its stake in Ashirwad Microfinance in June 2022, acquiring a...10 Jan, 2024, 12.55 PM IST
- MFI collections down since AprilMicrofinance institutions (MFIs) saw their collection efficiency drop below 70%, as borrowers in both rural and urban areas defaulted on re...25 Jun, 2021, 07.43 AM IST
- Asirvad Microfinance securitises MF loans worth Rs 262 croreProceeds from the loan would enable Asirvad to expand its business of providing small loans to low-income women business owners in rural ar...24 Jun, 2021, 04.52 PM IST
- Manappuram looks to take MFI arm Asirwad publicWith a loan portfolio of over Rs 5,360 crore and close to 25 lakh customers across 23 states, the Chennai-headquartered Asirvad is the four...28 Mar, 2021, 05.15 PM IST
- Asirvad Microfinance raises Rs 220 crore from Invest in Visions GmbHAsirvad said it would receive the funds in three tranches of which euro 5 million has already been disbursed.14 Sep, 2020, 11.57 AM IST
- Manappuram keen to get private equity on board for small loans businessThe group has appointed global investment bank Credit Suisse to look for investors and is in talks with leading private equity players to r...26 Apr, 2019, 06.57 AM IST
- Asirvad Microfinance crosses Rs 3,000 crore AUMAsirvad Microfinance Ltd currently has 1.6 million women members through a 930 branch network across the country.13 Dec, 2018, 03.25 PM IST
- Small finance bank applicants like Grama Vidiyal and Sonata raise fund in pooled bondApplicants for small finance bank license such as Grama Vidiyal Microfinance and Sonata Finance have raised Rs 85 crore between them in a p...13 Aug, 2015, 05.50 PM IST
- Manappuram Finance to buy stake in Asirvad Microfinance; stock gainsEarlier this year, Manappuram Finance had acquired Milestone Home Finance, diversifying into housing finance business.31 Oct, 2014, 10.11 AM IST
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