Searched for
RAMANATHAN JANALAKSHMI
Jana Small Finance Bank begins operation, to foray into affordable housing, consumer durable loansThe bank said it plans to foray into affordable housing loans and consumer durable loans while it will continue with focus on microfinance.- Janalakshmi Financial in last leg of transition into small finance bankThe microfinance company is awaiting the ‘commencement of business’ certificate from the RBI, which is the last of the several approvals ne...
- Goldman, Credit Suisse keen to bank on micro lender Janalakshmi, eye Rs 1200 cr investmentSources said Janalakshmi is facing financial stress and may have to write off loans worth Rs 1500-2000 cr before transforming into a small ...
- ICRA cuts Janalakshmi's rating outlook to negativeThis is a serious blow to the Ramesh Ramanathan led small finance bank licensee, which is yet to receive the final go-ahead from Reserve Ba...
- TPG leads $210-million funding in Janalakshmi Financial ServicesThe microlender, which is the country’s largest in terms of gross loan portfolio, also did not provide details about the buyers and sellers.
- Janalakshmi Financial Services raises $210 million via equity round led by TPG“This latest round of capital will fuel further expansion of the products and services we offer,” said Ramesh Ramanathan, Chairman of Janal...
- CDC Group invests Rs 330cr in Janalakshmi Financial ServicesThe capital will provide for the Tier II capital of the lender and help the newly selected small bank aspirant to roll out its services.
- TPG Capital to buy Janalakshmi Financial Services Ltd minority stake for Rs 610 crore“The valuation exercise and the exact stake which will be owned by TPG will be finalised soon,” one of the two persons said.
- IBM signs Rs 550 crore deal with microfinance firm Janalakshmi Financial ServicesJanalakshmi has in the past worked with Wipro and recently outsourced its back-office work to the Indian unit of Accenture.
- IBM signes deal worth Rs 550 crore with microfinance firm Janalakshmi Financial ServicesThe deal between IBM and Janalakshmi involves application development, maintenance and infrastructure management for Janalakshmi Finance.
- Private equity funds to buy stake in Janalakshmi Financial Services for Rs 350 croreA consortium of private equity (PE) funds will pick up a significant minority stake in Janalakshmi Financial Services for close to Rs 350 c...
- Microfinance companies Bandhan, Janalakshmi to apply for banking licenceMicrofinance cos Bandhan Financial Services and Janalakshmi Financial Services are set to file applications to acquire a banking licence.
- Janalakshmi Financial Services ties up with Manipal Global Education Services to train employeesBangalore-based microfinance institution Janalakshmi Financial Services announced a tie up with Manipal Global Education Services on Monday.
- Mohandas Pai, former Citibank executive Ramesh Ramanathan in race for licence to start a bankMohandas Pai and Ramesh Ramanathan will be part of the business groups throwing their hats in the ring for a licence to start a bank.
- Janalakshmi Financial raises Rs 80 cr in third round of fundingTwo global funds have invested Rs 22 cr and Rs 30 cr, with Vallabh Bhansali, co-founder of Enam Securities, joining as an individual invest...
- Lok Capital may exit Janalakshmi Financial ServicesLok Capital invested 1.6 crore in March 2007 as series A investor. It sold 25% of its holding in June 2011 for 2.77 crore, with a return of...
- MFIs hope for better time ahead on regulatory clarityAfter reeling under a credit scarce situation and regulatory dilemma, the domestic microfinance industry is hopeful of steady progress.
- Rupee, domestic issues to act as spoilers for MFIs' ECB plansThe microfinance industry is unlikely to get much respite from the recent RBI decision to increase external commercial borrowing (ECB) limi...
- Citi Venture Capital International invests in Janalakshmi Financial ServicesJanalakshmi Financial Services, a Bangalore-based urban microfinance institution has raised third round of funding to scale up its operatio...
- After Nano car, now nano homes for Rs 3-5 lakhFor Rs 3 lakh, you can get a 250-sqft home at an EMI of Rs 3,000, and a 400-sqft home for about Rs 5 lakh.
Load More
