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SPANDANA SPOORTHY FINANCIAL
Buy Spandana Sphoorty Financial, target price Rs 1400: ICICI SecuritiesSpandana Sphoorty Financial Ltd., incorporated in the year 2003, is a Mid Cap company (having a market cap of Rs 7363.22 Crore) operating i...- RBI MPC, crude oil among top 10 factors to impact D-Street mood this weekThe week ahead will be important for the markets as the Reserve Bank of India (RBI) will announce its monetary policy decisions, and invest...
- View: The independence struggle of India Inc’s boardsWith stronger stewardship codes for institutional money managers; regulatory tweaks like majority of minority shareholders vetting any rela...
- Market Movers: DMart slips below 200DMA, Infy on a high; 28 stocks turn ‘overboughtHere is a lowdown on what happened in Thursday’s session.
- Six of 8 IPOs of 2019 see dream run in a weak market, now face acid testThe IPO market has been going through a rather dry spell this year.
- After a dry spell, it’s going to rain IPOs in next 1 monthHalf a dozen cos are likely to hit market next month, bringing to an end the dry spell in IPOs.
- Market Movers: What changed for D-Street while you were sleepingCheck out what all might matter on Dalal Street all through the day.
- From brink of bankruptcy to Rs 1,850 crore portfolio: Amazing story of Spandana Sphoorty FinancialIn 2011, Spandana was saddled with Rs 2,200 cr of debt amid microfinance crisis in Andhra Pradesh. 6 years later, it is a leader of the len...
- Venture capital firm Lok Cap looks to raise up to Rs 600 croreInvestors in impact funds expect returns of 15-20% compared with return expectation of 25-32% in venture capital, according to the report.
- Microfinance institutions struggle for funds as banks raise lending ratesMFI, especially small and mid-sized companies, are expected to struggle to get funds for lending even if the regulatory environment clears ...
- SKS Microfinance plans a return in Andhra Pradesh amid scepticism, government resistanceSKS Microfinance is preparing for a return to Andhra Pradesh, a former hub from which it has retrenched significantly in the past two years.
- Banks like ICICI, HDFC and Axis scrap personal surety clause in MFI debt-recastThe lenders have agreed to waive the personal guarantee since the deadline to finalise a rescue package was fast approaching.
- Microfinance sector needs urgent policy attentionThe real threat to microfinance is from politicians who instigate loan defaults, promising an inevitable waiver.
- 3 MFIs Spandana Spoorthy, Share Microfin and Asmitha Microfin plan merger to create biggest lender, surpass SKS MicrofinanceSpandana Spoorthy Financial Services, Share Microfin and Asmitha Microfin plan to merge their businesses to create the largest lender to sm...
- MFIs witness talent drain; find it tough to retain senior professionalsWith RBI, government and banks tightening the noose, MFIs are finding it tough to offer attractive salaries. The sector, which once attract...
- Microfinance cos delay IPOs over SKS issue, AP suicidesNervous microfinance firms are delaying plans for an initial public offering after a spate of negative publicity over the sacking of a CEO ...
- AP, Kerala govts seek to regulate NBFCs, MFIsStates want institutions to register under local lending laws.
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