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JANALAKSHMI SFB
Fincare Small Finance Bank plans Rs 1,200 crore IPO, hires bankersAs per central bank norms, SFBs need to have a holding company as a promoter and the bank to be listed in three years of commencement of op...
Jana Launches Small Finance Bank operationsHaving received its SFB licence in April 2017, Jana had officially launched operations on March 28 of this year.
Caspian wants Rs 600 crore to try its novel instruments fundingNew funding model will help founders in need of short-term funds in social and environmental fields
Janalakshmi Financial Services raises Rs 1,030 crore from TPG, Treeline and new investorsBajaj Allianz Life Insurance and Bajaj Allianz General Insurance Company have also come in as new investors.
Janalakshmi Financial Services raises new round of capital from PE playersThe current round of funding is a crucial step in enabling JFS to complete its transition into a SFB, the financial institution told in a p...
Goldman, Credit Suisse keen to bank on micro lender Janalakshmi, eye Rs 1200 cr investmentSources said Janalakshmi is facing financial stress and may have to write off loans worth Rs 1500-2000 cr before transforming into a small ...
Ultimate goal is to become a bank: MR Rao, Bharat FinancialsWhen the window opens in the future, we will debate if it makes sense to convert ourselves into a small finance bank or continue as an NBFC...
Kedaara in talks to buy up to 30% in Madura MicroAvendus Capital has been mandated to run a formal process, sources said. The funds would be used for expanding the loan book and widening r...
Microfinance industry is out of an unprecedent crisis, thanks to regulations, diligent borrowersAsset under management (outstanding loans or gross loan portfolio) fell Rs 3,000 crore to close at Rs 20,500 crore in 2011-12.
Crisil reaffirms ratings on four SFB licence winnersCredit Ratings has reaffirmed its ratings on four non-bank firms that have received licences from RBI to run as small finance banks (SFBs),...
SKS Micro, Dewan Housing crack up to 20% on bank licence setbackSKS 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.
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...