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BSS MICROFINANCE
Sonata Finance to merge with BSS Microfinance: Kotak BankKotak Mahindra Bank’s subsidiaries Sonata Finance and BSS Microfinance approved merging, pending regulatory and shareholder approvals. The ...12 Aug, 2024, 10.34 PM IST- Kotak Mahindra to buy microfinance lender Sonata Finance for $65 millionThe private sector bank will acquire 26.45 million equity shares of microfinance company Sonata, of face value 10 rupees each fully paid up...10 Feb, 2023, 07.57 PM IST
- Axis Bank explores MFI stake buy to expand into rural IndiaThe talks have begun, three people familiar with the matter told ET. There's no certainty on which of the negotiations would conclude in a ...04 Jun, 2021, 10.04 PM IST
- Axis Bank evaluating the acquisition route to scale up microfinance businessAxis Bank managing director and chief executive Amitabh Chaudhry said the bank has studied the market but has not found a perfect match yet...11 Dec, 2019, 06.02 PM IST
- MFIs with Rs 3000 crore loans on Federal Bank radar for acquisitionMicrofinance business has gained stability, setting aside the funding woes with banks backing micro lenders.30 May, 2019, 10.52 PM IST
- Muthoot Microfin to raise Rs 1,000 crore via IPOMuthoot Microfin is a wholly-owned subsidiary of Muthoot FinCorp.10 Jul, 2018, 09.25 AM IST
- Federal Bank looks to acquire Madura MicrofinanceThe deal is expected to be partly in share-swap, and partly in cash for the micro lender backed by private equity firm Elevar Equity Maurit...03 Jul, 2018, 10.48 PM IST
- Microfinance market to expand over 200% in 3-4 yrs; here’s what to bet onBoth RBI and the government have taken several policy initiatives on compliance and governance – something that could redefine the shape of...08 Oct, 2016, 10.20 AM IST
- Overweight on Kotak Mahindra Bank, target Rs 810 : Morgan StanleyThe BSS acquisition extends microfinance to poor rural and semi-urban women via JLG mechanism. With AUM of Rs 4.8bn, BSS MFI is the 25th la...07 Oct, 2016, 03.19 PM IST
- RBL Bank picks 10 per cent stake in Utkarsh Micro FinanceThe announcement comes two days after RBL's larger rival Kotak Mahindra Bank announced the buyout of the Karnataka-focused BSS MFI for Rs 1...03 Oct, 2016, 08.14 PM IST
- MFI space is a growing space which grew by 8% last year: Narayan SA, Kotak Mahindra Bank"BSS as of now is in Karnataka and Maharashtra. They have already started exploring and getting into Madhya Pradesh." Narayan SA said.03 Oct, 2016, 06.06 PM IST
- Fifteen stocks in focus on Monday, 3 October 2016The Indian market is expected to open higher. Here is a list of top fifteen stocks that are likely to be in focus today.03 Oct, 2016, 08.03 AM IST
- Kotak Mahindra Bank set to acquire BSS MicrofinBSS Microfinance is a non-banking financial company, classified as an NBFC-MFI. The transaction is subject to obtaining all necessary regul...01 Oct, 2016, 03.10 PM IST
- Smaller MFIs breaking shackles to chase bigger dreamsOverseas investors have been more keen to put their monies in Indian microfinance story but local players are now getting into the groove a...29 Jun, 2016, 06.22 PM IST
- BSS Micro Finance calls off deal talks with Essel Finance"Any talks BSS micro finance may have had with Essel group for possible investment have been terminated," said a BSS Micro Finance spokespe...19 Feb, 2016, 10.54 AM IST
- Essel Finance in talks to buy BSS MicrofinanceBSS Microfinance, founded by Bengaluru born gastroenterologist Ramesh Bellamkonda, is a non-deposit taking non-banking financial company.17 Feb, 2016, 04.25 AM IST
- Small MFIs catch private equity investors' eyeWith the top four microfinance institutions (MFIs) in India having received their share of investments, investors are slowly shifting their...23 Oct, 2007, 02.40 AM IST
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