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JAGARAN MICROFIN
Jagaran Microfin raises Rs 22 crore from BlueOrchard Finance through NCD issuanceThe funding was raised through the issuance of non-convertible debentures that were subscribed to by BlueOrchard from its Microfinance Init...- Sidbi Venture Capital to invest Rs 25 crore in micro lender JanakalyanSidbi Venture Capital Ltd (SVCL) is all set to invest Rs 25 crore in Kolkata-based micro lender Janakalyan Consultancy & Services Pvt Ltd, ...
- Two new MFIs off the block, raising hopes for the sector amid repayment troubleThere were 11 small MFIs with a GLP of less than Rs 100 crore, 19 entities with a GLP of Rs 100-500 crore, and 21 large players with Rs 500...
- Jagaran managing director Alok Biswas quitsJust about six months back, the MFI sector saw the exit of chief executive Shubhankar Sengupta from Michael Dell-backed Arohan Financial Se...
- 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...
- Why Raghuram Rajan turned a blind eye to microfinance firms from eastRajan, many believe, has played it safe. Doling out licences to MFIs with a strong eastern connect would have put the fledgling Bandhan Ban...
- No licence! Banking aspirants SKS Micro, Diwan Housing may underperform market in short termThe 10 applicants were chosen from 72 applicants following detailed scrutiny of financial viability, business plans and other checks by thr...
- Small finance banks: Who will be the lucky ones as firms like AU Financier and FINO await licensesIf there is one event the financial community is keenly awaiting this year, it’s the granting of small finance bank licences. Here is what ...
- Jagaran Microfin sells loans worth Rs 17 crore to Ratnakar Bank to release capitalOne-year old Jagaran Microfin has sold 50% of its assets to Ratnakar Bank in a rated pool transaction to release capital and push business ...
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