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...
25 Mar, 2026, 01.25 PM IST
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 ...
23 Mar, 2026, 01.30 PM IST
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 ...
18 Feb, 2025, 10.06 PM IST
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...
04 Mar, 2024, 09.44 PM IST
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...
08 Aug, 2023, 06.09 PM IST
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...
14 Jul, 2023, 02.10 PM IST
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...
01 May, 2023, 01.55 PM IST
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...
18 May, 2022, 11.49 AM IST
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...
15 Apr, 2021, 10.43 PM IST
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.
22 Apr, 2020, 07.09 PM IST
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...
28 Jan, 2020, 04.18 PM IST
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...
11 Jan, 2020, 08.39 AM IST
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 ...
10 Jan, 2020, 09.54 PM IST
Sachin Bansal ventures into financial servicesFlipkart co-founder acquires 94% stake in Bengaluru-headquartered Chaitanya Rural for Rs 739 crore.
26 Sep, 2019, 09.07 AM IST
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...
24 Jul, 2019, 09.39 AM IST
Chaitanya Microfinance raises Rs 33 crore through NCD issueThe Bengaluru-based microfinance institution currently operates across Karnataka, Maharashtra and Bihar.
06 Aug, 2017, 11.58 AM IST
- Rajat Gupta’s New Silk eyes AP’s education co
The $1.4-billion New Silk Route Private Equity is close to investing Rs 325 crore or roughly $70 million, in Hyderabad-based Sri Chaitanya ...
16 Nov, 2010, 11.02 AM IST