The bank, which launched operations in May 2017, is also aspiring to build a deposit base of Rs 7,000-8,000 crore over the next three finan...

The small finance bank will be called Fincare Small Finance Bank, and will commence operations in July this year.

RGVN Microfinance has received the final licence from RBIto set up a small finance bank and likely to start operations soon, Disha Microfin...

There are repayment concerns also in some smaller pockets of Tamil Nadu, said sources.

As many as $1 billion has been infused into financial services companies that has got small bank licenses over the last 12-18 months, indus...

ESAF will officially launch small finance bank operation on March 17 after a week’s of trail run starting from March 10.

The company is planning to launch operations in 60 days after it gets a final go ahead from the Central Bank.

The small banks are considered to play a key role in lending to small businesses and farmers, who generally find it difficult to have acces...

The capital will provide for the Tier II capital of the lender and help the newly selected small bank aspirant to roll out its services.

Disha is one of the 10 companies that have received licences to set up small finance banks. These entities have 18 months to comply with th...

The company, that has a Rs 800-crore home loan portfolio, will be sold to either financial or strategic investors, as Axis Capital has been...

SKS Microfinance cracked 20 per cent to hit a low of Rs 360.60 on NSE. On BSE, the stock fell 16.65 per cent to hit a low of Rs 376.65.

The 10 applicants were chosen from 72 applicants following detailed scrutiny of financial viability, business plans and other checks by thr...

IFMR Capital today said it has structured the first CBO (collateral bond obligation) deal in the micro-lending space in the country.

The first four months of the year have already seen a number of mid-sized micro-lenders raising new rounds of equity and debt financing.

In a first of its kind, seven microfinance lenders have come together to raise Rs 52 crore by bundling thousands of micro loans.

Bhartiya Samruddhi Finance’s Rs 100 crore and ESAF Microfinance’s Rs 40-crore debt raising from state-owned banks in the past few days have...