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SATYA MICROCAPITAL
Satya MicroCapital raises $60 million from Japan's Sumitomo Mitsui Banking CorporationThe funding will help the New Delhi-based micro loan provider to expand its portfolio. Satya has assets under management of nearly Rs 5000 ...- Satya MicroCapital raises Rs 53 crore in ECB from German bankThe deal marked the bank's second investment in India, furthering their commitment to provide support for the underserved in the rural area...
- MFI loan rates surge as lenders price risksAt least half-a-dozen MFIs including Arohan have revised their lending rates upward in the first week of April. They have fixed their rates...
- Cost rises for micro borrowers as RBI deregulates lending ratesAt least half-a-dozen MFIs including Arohan have revised their lending rates upward in the first week of April. They have fixed their rates...
- Deregulation to push down lending rates for lowest bracket, microfinance may get the freedom to bloomDifferentiated lending rates and new product development is likely to drive India’s microfinance market going forward with the Reserve Bank...
- Satya MicroCapital raises Rs 153 crore in equity from Japan's Gojo & CompanyBhubaneswar-headquartered Annapurna Finance and Kolkata-grown Janakalyan Financial Services are also looking for equity expansion, two peop...
- MFIs require about Rs 8,500-10,000 crore for keeping growth intact: ICRAICRA said the MFIs would need the capital for growing at a rate of 15-20% pa over the next three years and absorbing high levels of anticip...
- Microfinance player urges govt to curb rumours about loan waivers amid COVID-19New Delhi, Sep 6 () A microfinance player on Sunday charged that some fraudulent elements are spreading rumours about loan waivers amid the...
- Bandhan Bank, small finance banks emerge as job creators amid coronavirus pandemicThese lenders are in the process of raising staff strength by 5-10% in the next three-four months, although several others in the sector mi...
- Japan's Gojo invests Rs 130 crore in Indian financial companies during lockdownGojo's exposure to Indian firms now stands at Rs 365 crore, out of its total investment of Rs 525 crore across four countries including Cam...
- Investors raise stakes in India's microfinance sector despite stress during lockdownThe capital infusion during lockdown is positive for the country's microfinance sector.
- Satya MicroCapital, Sindhuja Microcredit raise Rs 170 crore from global investorsSatya MicroCapital started its operations in January 2017 and has a network of 150 branches in 22 states. It primarily caters to women who ...
- Jagaran Microfin raises Rs 22 crore from BlueOrchard Finance through NCD issuanceThe funding was raised through the issuance of non-convertible debentures that were subscribed to by BlueOrchard from its Microfinance Init...
- Satya MicroCapital raises Rs 28 crore through NCDsThis will be utilised by Satya MicroCapital for lending to Indian micro, small & medium enterprises (MSMEs).
- Satya MicroCapital collects Rs 100 crore through cashless transactions18% was collected by the MFI in the first year of its operations, 40% in the second year and 42% during the first half of 2019.
- Satya MicroCapital reaches over 2.25 lakh entrepreneursKeeping up with the post-demonetisation tide, the company’s focus on lending using digital financial solutions to women entrepreneurs speci...
- Satya MicroCapital raises Rs 40 crore through NCDsThe fund raised will be used by Satya MicroCapital for lending to Indian micro, small and medium enterprises.
- Satya MicroCapital raised Rs 43 crore fund led by Japan-based Gojo & Company Inc“We are certain that the funds raised will enable us to continue growing and empowering more and more Entrepreneurs from the underserved se...
- Satya MicroCapital reaches 1 lakh active loan clients, disburses Rs 300 crore in total loansMicro financing group Satya MicroCapital has crossed 1 lakh active loan clients and has disbursed Rs 300 crore in terms of loans to micro e...
- Satya Micro Cap gets Rs 16 crore to expand operationsThe lending company plans to utilise the funds to expand operations over 35 districts across seven states in the current fiscal.
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