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KEERTANA FINSERV
Padmaja Reddy backs away from microfin, goes for goldMicrolending veteran Padmaja Reddy is exiting unsecured business by fiscal end to focus on gold loans, transitioning her firm Keertana Fins...
02 Dec, 2025, 10.17 AM IST
Gold loan boom: 3,000 new branches to open in India in 12 monthsThe gold loan sector in India is on the verge of a significant boom. With nearly 3,000 new branches focused solely on gold lending slated t...
25 Nov, 2025, 08.21 AM IST
MFIs in Karnataka may face fresh recovery challengesThe Karnataka government plans to introduce an ordinance to regulate microfinance recovery practices due to concerns over coercive loan rec...
28 Jan, 2025, 08.29 PM IST
Founder Padmaja Gangireddy plans to sell shares worth Rs 100 crore in Spandana Sphoorty Financial, engages investment banker to explore block dealPadmaja Gangireddy, founder of Spandana Sphoorty Financial, plans to sell a part of her 14.5% share in the firm she left one-and-a-half yea...
01 Jun, 2023, 11.34 AM IST
Padmaja Reddy rules out signing non-compete clause with present Spandana Sphoorty managementReddy founded Spandana in 1998 and successfully revived it to one of the country’s biggest microfinance lenders after going through the ord...
02 Jun, 2022, 10.32 AM IST