Bharat Financial fail to secure a small finance banking license while Janalakshmi is in the process of becoming one. Ujjivan has already la...

Its chief executive Jiji Mammen told ET that the newly formed refinancing bank was trying out new instruments to help MSMEs access capital ...

The microlender, which is the country’s largest in terms of gross loan portfolio, also did not provide details about the buyers and sellers.

Investments in sectors that are not under the automatic route require FIPB approval. Currently 98 per cent FDI into India comes through aut...

“This latest round of capital will fuel further expansion of the products and services we offer,” said Ramesh Ramanathan, Chairman of Janal...

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.

Janalakshmi Financial Services and Ujjivan Financial Services have raised Rs 125 crore between them in CPs to diversify their funding sourc...

It has raised Rs 150 crore through private placement of non convertible debentures to a single mutual fund house.

IBM today announced that it has entered into a six-year agreement with India-based micro finance provider Janalakshmi Financial Services.

Janalakshmi has in the past worked with Wipro and recently outsourced its back-office work to the Indian unit of Accenture.

The deal between IBM and Janalakshmi involves application development, maintenance and infrastructure management for Janalakshmi Finance.

A consortium of private equity (PE) funds will pick up a significant minority stake in Janalakshmi Financial Services for close to Rs 350 c...

Bangalore-based microfinance institution Janalakshmi Financial Services announced a tie up with Manipal Global Education Services on Monday.

Two global funds have invested Rs 22 cr and Rs 30 cr, with Vallabh Bhansali, co-founder of Enam Securities, joining as an individual invest...

JanaOne will provide financial advisory services, such as savings and pension plans, to existing Janalakshmi customers.

Lok Capital invested 1.6 crore in March 2007 as series A investor. It sold 25% of its holding in June 2011 for 2.77 crore, with a return of...

Janalakshmi Financial Services, a Bangalore-based urban microfinance institution has raised third round of funding to scale up its operatio...