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SPANDANA SPOORTHY
2 top stock recommendations from Sudeep ShahNifty is also around 18400 so it is a big rally now. If for a couple of days if markets go into a consolidation of 50-100 points on Nifty a...16 May, 2023, 01.43 PM IST- 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...24 Nov, 2021, 11.37 PM IST
- IndusInd Bank, Spandana Sphoorty spar over top management appointmentsIndusInd said the announcement regarding the hire of CEO wasn't correct because Shalabh Saxena hasn't yet resigned from Bharat Financial In...23 Nov, 2021, 11.47 AM 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
- 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 ratesMFI, 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
- 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.21 Sep, 2011, 04.33 AM IST
- Microfinance sector needs urgent policy attentionThe 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 MicrofinanceSpandana 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
- MFI promoters face hit in debt revampBanks' debt-restructuring proposals may reduce MFI promoters to minority shareholders as MFI loans will be converted into equity.17 May, 2011, 03.21 AM IST
- 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...06 May, 2011, 06.22 AM IST
- MFIs look beyond banks, explore other ways to meet credit needA number of micro lenders, especially small sized, are facing credit crisis as state-run as well as some private sector banks are not lendi...28 Oct, 2010, 05.28 PM IST
- MFIs rethink IPO plans in view of upheavals in the sectorWorried over recent upheavals in microfinance sector on account of high interest rates small lenders charge, many players have put on hold ...17 Oct, 2010, 12.18 PM IST
- 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 ...14 Oct, 2010, 01.57 AM IST
- AP, Kerala govts seek to regulate NBFCs, MFIsStates want institutions to register under local lending laws.01 Jun, 2010, 02.49 AM IST
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