Rashtriya Gramin Vikas Nidhi (North East) Microfinance Limited received the Small Finance Bank License from the Reserve Bank of India (RBI)...

RGVN (North East) Microfinance Limited, Guwahati was one of the 10 applicants which was issued in-principle approval for setting up a small...

World Bank's invest arm IFC sold a part of its holding in Utkarsh -- 4.9 per cent -- to Switzerland-based responsAbility Investments AG in ...

SIDBI Venture Capital infused Rs 40 crore in RGVN (NE) MFL, PI Venture LLP put in Rs 20 crore. RNT Associates invested another Rs 40 crore.

RGVN Microfinance has received the final licence from RBIto set up a small finance bank and likely to start operations soon, Disha Microfin...

ESAF will officially launch small finance bank operation on March 17 after a week’s of trail run starting from March 10.

The capital will provide for the Tier II capital of the lender and help the newly selected small bank aspirant to roll out its services.

The company, that has a Rs 800-crore home loan portfolio, will be sold to either financial or strategic investors, as Axis Capital has been...

Company MD Kuldip Maity told ET that Small Investment Development Bank of India (Sidbi) has cleared a proposal to invest Rs 3 crore.

Rajan, many believe, has played it safe. Doling out licences to MFIs with a strong eastern connect would have put the fledgling Bandhan Ban...

SKS 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.

The 10 applicants were chosen from 72 applicants following detailed scrutiny of financial viability, business plans and other checks by thr...

RGVN (North East) Microfinance Ltd today said it has raised Rs 49.26 crore from two foreign investors by issuing Non-Convertible Debentures.

Rajan had earlier said the Reserve Bank of India would be able to announce new sets of bank licences, or at least one set of them, by Augus...

The latest round of equity funding also saw KS Norway and global co-operative and social investor Oikocredit participate in the transaction.

Sidbi has committed 30% of its Rs 100-crore microfinance development fund to some of the country’s poorest microfinance companies

Sa-Dhan, the apex organisation of micro-finance institutions (MFIs) and self-help groups (SHGs), has suggested moderation of interest rates...