The MFI has a portfolio of Rs 5,561 crore at the end of September, which grew 39 per cent year on year.

Bandhan Bank, one of the leading players in this sector which transformed into a universal bank from an MFI, said that there had been probl...

Sidbi will subscribe to company's optionally convertible preference shares for Rs 2 crore while internal investors will put in Rs 3 crore i...

Overseas investors have been more keen to put their monies in Indian microfinance story but local players are now getting into the groove a...

Village Financial Services Managing Director Kuldip Maity said that the MFI would soon launch operation in Tripura and subsequently expand ...

Micro-finance institution, Village Financial Services, is in talks with various social security investors including IFC for funds.

Bandhan chairman C S Ghosh said that West Bengal Finance Minister Amit Mitra had asked him to attend the meeting or send a representative.

The Kolkata-headquartered MFI will use the proceeds to expand its presence across the country as well as increase its gross outstanding loa...

Microfinance company Bandhan Financial Services has set a 30% growth target for 2012-13 while it grew by 50% last fiscal.

Bandhan will soon become a technical partner to a leading Indonesian MFI, MBK Ventura, and assist it in fine-tuning its operation.

Of the Rs 30,000 crore MFIs have borrowed from the banking system till date, this is perhaps the most precious Rs 100 crore ever.

This will free up resources for Bandhan for future lending and will help banks meet their priority sector lending commitments.

Facing a shortage of lendable resources, microfinance institutions in West Bengal have huddled together and are desperately trying to convi...

At least three MFIs based out of Kolkata are on the verge of slashing lending rates by nearly 500 basis points to 19.1% per annum.

Small Industries Development Bank of India, or Sidbi, has extended a Rs 350-crore line of credit to Bandhan Financial Services to on-lend t...

Bandhan, one of the fastest growing micro-finance institutions (MFI), has just received a Rs 150-crore loan from Punjab National Bank (PNB)...

Bandhan, one of the country’s leading microfinance institutions (MFI), has just received a shot in the arm with a Rs 250-crore credit line ...