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GRAMEEN KOOTA
MFIs in search for equity capital to fund growthRural loans accounted for just about 10% to Indian total credit outstanding in 2016, the red-herring prospectus of CreditAccess Grameen sai...- Investors bet on MFIs despite headwindsIFC’s investment is likely to be completed in a week’s time.
- International Finance Corporation to invest Rs 135 crore in Grameen KootaIFC’s investment is likely to be completed in a week’s time, Grameen Koota Managing Director Udaya Kumar told ET.
- Grameen Koota to write off 3-5 per cent of loansAll micro lenders are expected to face asset quality stress in varying degree, estimated to be between 1 and 10% of loans, although their c...
- Crisis looms over south’s microfinance sectorThere are repayment concerns also in some smaller pockets of Tamil Nadu, said sources.
- Grameen Koota gets Rs 250 crore capital from CreditAccess AsiaGrameen Koota managing director Udaya Kumar told ET that it received Rs 50cr in form of fresh equity and the balance Rs 200cr in the form o...
- Grameen Koota partners with Artoo to develop digital lending modelArtoo's platform will help it go paperless and reduce loan approval and go-to-market time significantly.
- Bandhan Bank cuts micro loan rates by 60 bpsThe bank said it s committed to pass on the benefit of lower cost of resources to its customers at the bottom of the pyramid.
- 'Bharat Financial unlikely to cut rates'Company president Dilli Raj said it is operating at 9.6 per cent margin, lower than the permissible 10 per cent limit stipulated by the Res...
- Bharat Financial Inclusion Ltd unlikely to cut rates this yearBharat Financial Inclusion Ltd, earlier known as SKS Microfinance, said it might not lower rates in the next two-three quarters, to protect...
- Budget 2014: Social sector groups seek tax concession for NGOsIt was Jaitley's 2nd pre-budget consultation meeting of the day. Earlier, he had met representatives from the agriculture sector.
- Social sector groups seek tax concession for NGOsJatiley, at a pre-budget consultation, asked the social sector related groups to help the government in taking positive advantage of demogr...
- Microfinance firm Grameen Koota raises over Rs 53 cr in third round of fundingGrameen Koota has raised its third round of equity funding of Rs 53.20 crore from Creation Investments, Incofin and MicroVentures.
- Grameen Koota raises Rs 25-crore through NCD routeGrameen Financial Services has raised Rs 25 crore of debt funding through the issuance of non-convertible debentures, to ease its liquidity...
- Microlenders sell NCDs as funds dry upESAF, Spandana, Equitas and Share Microfin are among a number of microlenders rushing to sell non-convertible bonds to raise Rs 6,000 crore...
- Micro-fin cos go m-banking to cut costWith the Reserve Bank of India (RBI) all set to release guidelines on mobile-based banking, micro-finance institutions (MFIs) are looking a...
- Micro-fin cos go m-banking to cut costWith the Reserve Bank of India (RBI) all set to release guidelines on mobile-based banking, micro-finance institutions (MFIs) are looking a...
- Now, India tops list of top microfinance institutionsIn its list of World's Top 50 Microfinance Institutions, an US magazine has named Bangalore- based Bandhan at the second position. Gujarat ...
- Bandhan creates a flutter in microfinance spaceFive years ago, when Chandra Shekhar Ghosh set up Bandhan, all he was trying to do was fight poverty with microloans.
- Microcredit, Mohd Yunus get their dueIt may take us half-a-century more to figure out who nominated Mohammed Yunus and his Grameen Bank for the Nobel Peace prize. But, for the ...
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