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CHAITANYA INDIA FINANCE
AI, AI Sir! Indian execs back in the classroom for a fresh chapterOnline education companies such as Coursera, Eruditus, upGrad and Simplilearn are reporting a sharp rise in enrolments over the past year $...- Reeling rupee drags students abroad deeper into debt at homeA weakening rupee is causing significant financial strain for Indian students pursuing education abroad. Loans sanctioned earlier are now i...
- Rupee slide pushes overseas students back to lenders for top-up loansA significant rupee depreciation has forced Indian students studying abroad to seek top-up loans from lenders, as initial loan amounts fall...
- Svatantra Microfin acquires Chaitanya India Fin; becomes 2nd largest NBFC-MFISvatantra Microfin has successfully merged with Chaitanya India Fin Credit and Svatantra Holding, solidifying its position as India's secon...
- Svatantra Microfin completes amalgamation with Chaitanya India Fin CreditAnanya Birla's Svatantra Microfin has successfully merged with Chaitanya India Fin Credit, following its acquisition from Navi Group. This ...
- Competition Commission clears merger of two entities into Svatantra MicrofinThe Competition Commission of India approved the merger of Chaitanya India Fin Credit and Svatantra Holdings with Svatantra Microfin. This ...
- Advent International & Multiples to invest Rs 1,930 cr in Ananya Birla’s Svatantra MicrofinSvatantra Microfin, led by Ananya Birla, raised Rs 1,930 crore from Advent International and Multiples Private Equity. It has a business se...
- Ananya Birla-founded Svatantra Microfin to acquire Sachin Bansal’s Chaitanya India Fin for Rs 1,479 crSvatantra Microfin Private Limited will be acquiring Sachin Bansal's Navi Group's subsidiary Chaitanya India Fin Credit Private Limited for...
- Sachin Bansal-led Navi lays off 150-200 employees amid delayed IPOAt least 150 employees are likely to be impacted by the exercise, with the overall count of people leaving the company expected to cross 20...
- Unable to deal with financial burden, Telugu choreographer Chaitanya dies by suicideTelugu choreographer Chaitanya died by suicide on Sunday at his home in Nellore, Andhra Pradesh. He was reportedly burdened by financial co...
- RBI rejects 6 applications for setting up banks“The examination of six applications has now been completed as per the procedure laid down under these guidelines,” the RBI said in a state...
- RBI releases names of applicants under ‘on tap’ Licensing of Universal BanksVSoft Technologies, Calicut City Service Co-operative Bank and Dvara Kshetriya Gramin Financial Services have applied for a small finance b...
- Sachin Bansal's Navi group credit finance company gets stable rating for Rs 500 crore debtThis rating has come at a time when the industry is reeling under lockdown, mandated to curb the deadly coronavirus.
- Sachin Bansal resigns from Ujjivan Small Finance Bank's board"I would like to resign as an independent director of the bank with effect from January 27, 2020. Given an entity owned and controlled by m...
- IFC eyes 4.5% in Navi Tech for $30 mnNavi Technologies is in the process of acquiring 100% stake in microfinance company Chaitanya Rural Intermediation Development Services Pri...
- Sachin Bansal's Chaitanya India Fin Credit applies for universal banking licenseThe Reserve Bank, which is very selective about who enters the banking fray, had earlier made universal bank licenses available on tap. If ...
- Sachin Bansal ventures into financial servicesFlipkart co-founder acquires 94% stake in Bengaluru-headquartered Chaitanya Rural for Rs 739 crore.
- Sachin Bansal invests Rs 25 cr in Chaitanya India FinanceAs per filings, Bansal has been allotted 250 shares of the company, each with a face value of Rs 10 lakh, as unrated non-convertible debent...
- Chaitanya Microfinance raises Rs 33 crore through NCD issueThe Bengaluru-based microfinance institution currently operates across Karnataka, Maharashtra and Bihar.
- Rajat Gupta’s New Silk eyes AP’s education coThe $1.4-billion New Silk Route Private Equity is close to investing Rs 325 crore or roughly $70 million, in Hyderabad-based Sri Chaitanya ...
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