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SPANDANA SPOORTHY FINANCIAL
Market Movers: DMart slips below 200DMA, Infy on a high; 28 stocks turn ‘overboughtHere is a lowdown on what happened in Thursday’s session.
16 Jul, 2020, 05.07 PM IST
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.
24 Jul, 2019, 03.09 PM IST
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.
17 Jul, 2019, 08.43 AM IST
Market Movers: What changed for D-Street while you were sleepingCheck out what all might matter on Dalal Street all through the day.
17 Jul, 2019, 07.54 AM IST
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...
18 Aug, 2017, 08.34 AM IST
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.
03 Nov, 2014, 12.55 PM IST
- Microfinance institutions struggle for funds as banks raise lending rates
MFI, especially small and mid-sized companies, are expected to struggle to get funds for lending even if the regulatory environment clears ...
29 Jun, 2012, 07.10 PM IST
- SKS Microfinance plans a return in Andhra Pradesh amid scepticism, government resistance
SKS Microfinance is preparing for a return to Andhra Pradesh, a former hub from which it has retrenched significantly in the past two years.
26 Jun, 2012, 07.57 AM IST
- Banks like ICICI, HDFC and Axis scrap personal surety clause in MFI debt-recast
The lenders have agreed to waive the personal guarantee since the deadline to finalise a rescue package was fast approaching.
21 Sep, 2011, 04.33 AM IST
- Microfinance sector needs urgent policy attention
The real threat to microfinance is from politicians who instigate loan defaults, promising an inevitable waiver.
15 Aug, 2011, 03.36 AM IST
- 3 MFIs Spandana Spoorthy, Share Microfin and Asmitha Microfin plan merger to create biggest lender, surpass SKS Microfinance
Spandana Spoorthy Financial Services, Share Microfin and Asmitha Microfin plan to merge their businesses to create the largest lender to sm...
13 Aug, 2011, 01.41 AM IST
- MFIs witness talent drain; find it tough to retain senior professionals
With RBI, government and banks tightening the noose, MFIs are finding it tough to offer attractive salaries. The sector, which once attract...
06 May, 2011, 06.22 AM IST
- Microfinance cos delay IPOs over SKS issue, AP suicides
Nervous microfinance firms are delaying plans for an initial public offering after a spate of negative publicity over the sacking of a CEO ...
14 Oct, 2010, 01.57 AM IST
- AP, Kerala govts seek to regulate NBFCs, MFIs
States want institutions to register under local lending laws.
01 Jun, 2010, 02.49 AM IST