Searched for
UTTRAYAN FINANCIAL SERVICES
RBI wants MFIs to expand product baseThe Reserve Bank of India is urging microfinance companies to diversify their lending beyond traditional group-based loans. Officials recom...- Gold loan boom: 3,000 new branches to open in India in 12 monthsThe gold loan sector in India is on the verge of a significant boom. With nearly 3,000 new branches focused solely on gold lending slated t...
- Gold loans shed regional tag, go pan-IndiaGold loans are experiencing a surge across India. This boom is fueled by rising gold prices and a declining social stigma. New financial in...
- Gold loans turn microfinance companies' best bet amid fears about the unsecuredMicrofinance companies in India are increasingly turning to gold loans to diversify their portfolios and reduce risk, spurred by relaxed RB...
- NBFC-MFIs set to tap capital marketWhile one NBFC-MFI is looking to raise capital by way of the initial public offer, others will sell shares mostly on a private placement ba...
- Parthasarathi Mukherjee, former CEO with Lakshmi Vilas Bank, buys 2.8 percent in Uttrayan Financial ServicesUttrayan with a total portfolio of Rs 225 crore looks to expand by raising equity capital from private equity investors, and build with the...
- Micro lenders take a hit over NBFC liquidity woesThe liquidity squeeze plaguing non-banking finance companies (NBFCs) is having a ripple effect on microfinance operations far away from the...
- MFIs go slow on lending as NBFCs hold on to cashSome microfinance firms are trying to adjust the fund flow by borrowing at a higher rate.
- The coming SME squeeze: As funds run dry, the IL&FS contagion threatens the livelihood of millionsFunds are drying up. What was once a routine exercise — the rollover of loans — is now rare.
- Microfinance firms keep small window open for paymentsKolkata-based Uttrayan Financial Services, on the other hand, has directed its field workers not to accept any pre-payment while it has not...
- Cash-based microfinance industry struck with dilemmaCompanies have also stopped loan disbursement in physical cash, creating gaps in borrowers’ daily cash credit requirements.
- Uttrayan Financial Services targeting Rs 175 crore business by March 2017Sidbi will subscribe to company's optionally convertible preference shares for Rs 2 crore while internal investors will put in Rs 3 crore i...
- Sidbi to invest Rs 2 crore in Uttrayan Financial Services"We have received Sidbi's approval and are expecting the investment to come in in next month. The fund will help us to grow business aggres...
- Smaller MFIs breaking shackles to chase bigger dreamsOverseas investors have been more keen to put their monies in Indian microfinance story but local players are now getting into the groove a...
- Micro finance companies get funds from banksMore importantly, banks are liberally lending to the small and medium sized micro lenders after the transformation of Bandhan into a bank.
- Microfinance institutions get monetary support from banksBanks have opened their purse strings to MFIs more than ever with the sector showing steady traction backed by a strong regulatory framewor...
- Saradha's collateral damage: MFIs face inquiries as ponzi schemes threaten reputationsSeveral micro credit firms carrying out legitimate business are facing inquiries from local police and municipal authorities.
Load More
