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M UDAIA KUMAR
- 3 MFIs Spandana Spoorthy, Share Microfin and Asmitha Microfin plan merger to create biggest lender, surpass SKS Microfinance
Spandana Spoorthy Financial Services, Share Microfin and Asmitha Microfin plan to merge their businesses to create the largest lender to sm...
- MFIs witness talent drain; find it tough to retain senior professionals
With RBI, government and banks tightening the noose, MFIs are finding it tough to offer attractive salaries. The sector, which once attract...
- Share Microfin: Poor women bore risk, promoters reaped benefit
The poor women bore the risk during the building phase of the business. But it was the promoters who reaped the rewards from the business t...
- How top 3 Microfinance cos raised funds in the name of poor?
An ET investigation shows 45,000 women who were shareholders in the country’s top three microfinance companies have missed out on the benef...
- Top 3 microfinance companies used poor as puppets
They say their mission is to serve the poor. Yet, promoters of top three microfinance companies used poor women to structure equity in thei...
- Chandler-backed Share Microfin gets market jitters
Share Microfin plans to delay it IPO after rival microfinance companies in India sought emergency funds to cope with rising loan defaults.
- Share Microfin crosses Rs 1,000 crore portfolio
City-based, non-banking financial institution, Share Microfin Limited, has crossed a portfolio of Rs 1,000 crore, marking a new phase in it...
- Rate hike, meltdown shut liquidity window for MFIs
Amid global financial meltdown, there has been a virtual halt in fresh disbursements to MFIs by banks and financial institutions coupled wi...
- MFIs face challenge of global meltdown
Financing for the poor is getting more frugal now with microfinance institutions facing the heat of the global financial meltdown.
- Microcredit, Mohd Yunus get their due
It may take us half-a-century more to figure out who nominated Mohammed Yunus and his Grameen Bank for the Nobel Peace prize. But, for the ...