3 sectors where Abhay Agarwal is hunting for growth at value pricesPiper Serica founder and fund manager Abhay Agarwal is looking towards "bottom of the cycle" areas where industries such as agro chemicals ...
31 Jul, 2023, 02.52 PM IST
Northern Arc to acquire business of S.M.I.L.E. Microfinance to grow retail lendingThe transaction will involve the takeover of the microfinance portfolio of S.M.I.L.E., along with its extensive network of nearly 150 branc...
24 Feb, 2022, 05.12 PM IST
Satin Creditcare boss has 4 tips for firms looking to resume work from officeHP Singh was anxious about the safety of his work colleagues.
25 Jun, 2020, 08.48 AM IST
Investors in SMILE Microfinance renew stake sale planThe group is in discussions with two or three prospective buyers, people familiar with the development told ET.
27 Jan, 2019, 09.32 PM IST
From bicycle to a Land Rover: How Chandra Shekhar Ghosh of Bandhan Bank rose from poverty to richesBandhan on Tuesday made a dream market debut. The scrip got listed at Rs 499 on the NSE, a 33 per cent premium to the issue price of Rs 375.
28 Mar, 2018, 10.49 AM IST
There is no discordance among the bank shareholders: Romesh Sobti, MD & CEO, IndusInd Bank"For Bharat Financial it means you become a bank overnight once the deal is done and the whole asset books provide a margin", said Romesh S...
11 Sep, 2017, 03.16 PM IST
Loan pooling turning popular among NBFCsThese loans are bundled together and backed by a common guarantee provided by IFMR Capital.
07 Jul, 2017, 08.59 AM IST
Hinduja Leyland Finance buys Rs 107-crore worth loans from MFIsHinduja Leyland Finance has bought the pooled loan portfolios against the loan receivables of companies operating across segments such as m...
07 Jul, 2017, 02.01 AM IST
MUDRA Yojna sluggish, bigger role for MFIs needed: Parliamentary panel"While MFIs have the advantage of outreach and minimal paperwork, the actual interest rates permissible to MFIs under the MUDRA Yojna was a...
03 May, 2016, 06.41 PM IST
Meet Bandhan CMD Chandra Shekhar Ghosh, the man who pipped Birlas and Ambanis for a bank license"Everybody is watching us," says Ghosh, "waiting to see what we do, how we fare". "We have worked with one set of people, especially women ...
28 Jan, 2015, 11.25 AM IST
SMILE Microfinance to remain in Developing World Markets' handsDWM, which manages about $650 mn in assets globally, invested in SMILE four years back, pumping in about Rs 50 crore for about a two-thirds...
20 Jan, 2014, 12.14 PM IST
Private banks head for India's hinterlandOnce the preserve of state-run banks, India’s villages are now beginning to attract private banks, who are setting up branches in rural are...
21 Oct, 2013, 11.17 AM IST
- Microfinance struggles to restore its reputation
As the industry indulges in a bout of soul searching over what has gone wrong, some say microfinance is suffering, in part, from its own su...
07 Mar, 2011, 08.50 PM IST
- Suicides reveal how men made a mess of MFIs
More than 70 people committed suicide in Andhra Pradesh from March 1 to November 19 to escape payments or end the agonies their debt had tr...
05 Jan, 2011, 01.17 AM IST
Microfinance, macro problems?The microfinance market is booming, but it’s fuelling a lot of worries in the states and New Delhi.
19 Oct, 2010, 05.40 AM IST
- Global investors line up for microfinance pie
Grameen Bank’s success story and the growth of microfinance institutions have captured the imagination of overseas investors of various kin...
25 May, 2007, 03.01 AM IST
- Small wonder: Funds come cheaper for NGOs, MFIs
The small guys have reason to smile. The cost of funds for micro-finance institutions (MFIs) and non-government organisations (NGOs) is set...
01 Mar, 2005, 02.50 AM IST