Three-lender cap rule for microfinance from April 1, further stress likely in short termFrom April 1, microfinance lenders are set to cap borrowers' access to a maximum of three lenders, aiming to prevent overleveraging. This r...
31 Mar, 2025, 12.44 AM IST
Arohan self-imposes a margin cap of 12%, to restrict annual business growth at 25%Microfinance lender Arohan Financial Services has imposed a 12% margin cap over its cost of funds and limited annual growth to 25%. This mo...
27 Jan, 2025, 04.37 PM IST
Arohan Financial Services raises Rs 730 crore in share sale to private equity investorsAmerican asset manager Nuveen and Dutch development bank FMO have put in Rs 165 crore each in Arohan while Piramal Alternatives and a Europ...
09 Apr, 2023, 05.44 PM IST
Arohan Financial in talks with PEs to raise Rs 1,900 cr“We are not going to refile for IPO as of now as the market situation is not conducive for the lenders. The full benefits of new central ba...
12 Jul, 2022, 06.26 AM IST
Arohan Financial Services in talks with PE funds to raise capital, says MD"We are now in talks with a few foreign PE funds to raise funds after our IPO plans were shelved. There is enough potential to tap the mark...
20 Jun, 2022, 05.13 PM IST
Arohan Fin defers IPO plans, to focus on capital strengthInvestors who were earlier not keen to invest in microfinance companies due to the high post-pandemic stress may now look at them afresh wi...
13 Apr, 2022, 06.31 AM IST
Manoj Kumar Nambiar re-elected as MFIN chairpersonHe is currently with the Aavishkaar Group as the managing director of Arohan Financial Services Ltd. He joined MFIN board in 2013 and was a...
14 Jul, 2020, 03.35 PM IST
Arohan Financial shelves IPO plan for now, to focus on Rs 1,800 crore fundraising"IPO is not on the cards right now as markets have not been very exciting for the past one year now"
17 Nov, 2019, 04.25 PM IST
Micro lenders cap total loans to ₹1 lakh per borrowerThis revised code has been in the works for the past year to expand the scope of it from a mere code of conduct for NBFC-MFIs to a code for...
17 Sep, 2019, 09.56 AM IST
Feet on the street: The golden rule of Microfinance“Microfinance" has steadily evolved from 1970s when organisations such as “Grameen Bank” of Bangladesh pioneered by Prof. Muhammad Yunus ga...
25 Feb, 2019, 12.44 PM IST
Arohan Financial Services to enter MP and UP marketsArohan Managing Director Manoj Kumar Nambiar said that UP and MP are coming up better than Maharashtra in terms of improvement in loan repa...
26 Apr, 2017, 06.04 PM IST
CIBIL to provide information solution to small and micro loans segmentThe move will help these small lenders take better lending decisions, grow their customer base and drive credit penetration.
15 Jun, 2016, 08.50 PM IST
MFIN plans more checks and balances to ward off any possible dangerAccording to initial estimates by MFIN, the sector has seen about 60% growth this fiscal, almost similar to what it had witnessed the fisca...
04 Apr, 2016, 05.37 PM IST
Microfinance company Arohan slashes lending rates by 270 bps to 22.9%The new rates comes into effect from Monday and will benefit some four lakh poor borrowers. Arohan said the rate cut comes in the wake of a...
12 Oct, 2015, 07.09 PM IST
Microfinance company Arohan lowers interest rate to 25.7 per cent per yearMicrofinance company Arohan Financial Services reduced lending rate by 55 basis points to 25.70 per cent a year with effect from Monday.
20 Jul, 2015, 04.33 PM IST
MFIN elects MK Nambiar of Arohan Financial Services as presidentMFIN elected Nambiar for the position, replacing Ujjivan Financial Services chief executive officer and managing director Samit Ghosh.
01 Jul, 2015, 03.52 PM IST
Arohan Microfin raises Rs 22 crore capital from 3 investorsThe IntelleCash-promoted Arohan Microfinance today said it has raised fresh capital worth Rs 22 crore from three investors.
04 Oct, 2013, 10.14 PM IST