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SPANDANA
J&K Bank profit jumps 36% as asset quality and growth improveJammu & Kashmir Bank reported a 36% rise in Q4 profit with improved asset quality and higher operating profit. Annual profit hit a record h...- As costs remain high, MFIs raise ratesMicrofinance lending rates are rising for the poorest borrowers. This is happening despite a government credit guarantee scheme designed to...
- Zaggle CFO Aditya Kumar steps down; Rajesh Tummalaganti named interim finance chiefKumar cited personal reasons for his resignation. Tummalaganti, who brings over two decades of experience, began his career at Ernst & Youn...
- Spandana Sphoorty to launch Rs 400 crore rights issue at steep discountSpandana Sphoorty Financial will open a ₹400 crore rights issue on August 1 at ₹230 per share—nearly 25% below market price—to address asse...
- Spandana Sphoorty Financial downgraded by CareEdge, ICRA after Q3 resultsCareEgde Ratings: CareEdge and ICRA downgraded Spandana Sphoorty Financial’s debt ratings after weak Q3 results. The microfinance firm face...
- Spandana Sphoorty shares soar 14% amid high trading volumesSpandana Sphoorty share price: Trendlyne data shows that 3 out of 7 analysts have given a ‘strong buy’ recommendation for the stock, while ...
- Spandana Sphoorty sets 23% medium term growth targetSpandana Sphoorty Financial, a microfinance lender, is aiming to grow at a compounded rate of 23% in the next three-four years, which will ...
- Buy Spandana Sphoorty, target price Rs 1200: Motilal OswalSpandana Sphoorty Financial Ltd., incorporated in the year 2003, is a Mid Cap company (having a market cap of Rs 7337.27 Crore) operating i...
- Divya Spandana is 'absolutely fine'. Actress-turned-politician busts death rumours, said to be in GenevaRumours of Divya Spandana's death inundated social media platforms following the demise of a different actress with the same name, hailing ...
- Sandalwood star Vijay Raghavendra’s wife Spandana dies of heart attack, days before 16th wedding anniversarySpandana was rushed into a hospital in Bangkok, but couldn’t be revived. According to reports, the heart attack was caused by a low blood p...
- Spandana Sphoorty shares jump 10%, hit 52-week high post Q4 resultsSpandana Sphoorty Financial's Q4 FY23 net profit increased by 268% to INR 105.55 crore ($14.1m), which boosted the company's shares by almo...
- Spandana Sphoorty Q4 Results: PAT rises to Rs 105 cr; aims to disburse Rs 11,500 cr in FY24For FY23, its post-tax net profit declined to Rs 12.31 crore against Rs 69.8 crore in the year-ago period. A statement from Spandana Sphoor...
- Buy Spandana Sphoorty Financial, target price Rs 750: ICICI SecuritiesSpandana Sphoorty Financial Ltd., incorporated in the year 2003, is a Mid Cap company (having a market cap of Rs 4349.78 Crore) operating i...
- Padmaja Reddy rules out signing non-compete clause with present Spandana Sphoorty managementReddy founded Spandana in 1998 and successfully revived it to one of the country’s biggest microfinance lenders after going through the ord...
- Buy Spandana Sphoorty Financial, target price Rs 430: HDFC SecuritiesSpandana Sphoorty Financial Ltd., incorporated in the year 2003, is a Mid Cap company (having a market cap of Rs 2435.92 Crore) operating i...
- New twist in Spandana founder and Kedaara Capital's public spatThe new management at Spandana has also hired an independent agency to probe into issues concerning the IT system and operations of Criss F...
- Padmaja Reddy alleges exorbitant salary for new Spandana CEO, wants curb on salary for MFI chiefsEarlier, Spandana Sphoorty Financial managing director Padmaja G Reddy resigned from the microfinance lender following disagreement with pr...
- Promoter-investor tussle hits Spandana Sphoorty MFIThe board of Spandana has accepted MD Padmaja G Reddy's resignation with immediate effect. It will be hiring an eminent industry veteran as...
- Micro lender Spandana Sphoorty raises Rs 100 crore from Bandhan Bank in securitisation dealThrough the deal Spandana has securitised Rs 100 crore portfolio to Bandhan Bank through Pass Through Certificate.
- Spandana disbursements cross Rs 15,000 cr markMicro finance company, Spandana, on Thursday said that it has crossed the cumulative disbursement mark of Rs 15,000 crore.
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