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SVATANTRA HOLDINGS
Svatantra Microfin acquires Chaitanya India Fin; becomes 2nd largest NBFC-MFISvatantra Microfin has successfully merged with Chaitanya India Fin Credit and Svatantra Holding, solidifying its position as India's secon...- The next tycoons: Across India's powerful business families, the next gen is being groomed to occupy corner officesMajor business families in India are actively transitioning leadership to the next generation. Prominent figures like Akash and Isha Ambani...
- Competition Commission clears merger of two entities into Svatantra MicrofinThe Competition Commission of India approved the merger of Chaitanya India Fin Credit and Svatantra Holdings with Svatantra Microfin. This ...
- IPO-bound Fusion Microfinance plans secured loan arm for SMEsThe IPO-bound Fusion Microfinance, which has been piloting a small business-focused secured lending book, is commercially launching it from...
- Svatantra Microfin raises lending rates, others stay putSvatantra Microfin has raised its lending rate to 21%, after having reduced it to 19.25% some 17 months ago, to protect margins amid pressu...
- Ananya Birla acquires micro housing finance corporationSvatantra Microfin has Rs 652 crore portfolio at the end of June while Mumbai-based MHFC has a portfolio of close to Rs 500 crore.
- MFIs lower rates with greater efficiency, lower cost of fundsRBI has capped lending rates of NBFC-MFIs at 10% over their cost of funds or 2.75 times the average base rate of five large banks, whicheve...
- Bharat Financial Inclusion looks to grow business in newer locationsThe Hyderabad-based entity has also chalked out plans to have footprints in Tamil Nadu, Gujarat, Assam and Tripura
- As India's top business tycoons and corporate moguls grow old, keep an eye out for their kidsHere are some young guns — all 35 and under — based in India, have a public profile, and whose billionaire fathers are valued at more than ...
- Firms are now looking to invest in MFIs after RBI awarded small finance bank licensesThe sector that makes credit accessible to the poor without collateral has started becoming more relevant to local corporations and institu...
- Heirs of some of India’s biggest tycoons are charting their own entrepreneurial pathHeirs of some of India’s biggest tycoons are not joining the family businesses yet. They prefer to first chart their own entrepreneurial pa...
- The increasing trend of family-owned firms occupied by daughtersCorner rooms of family-owned firms, once the preserve of only the male scions of big business families, are now being increasingly occupied...
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