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ANNAPURNA MFI
Piramal Group arm invests Rs 600 crore in microlender Annapurna FinancePiramal Alternatives acquired a stake in Annapurna Finance, becoming a top shareholder. Nuveen holds 11%. Kikani cited microfinance's 32% C...
Piramal Alternatives buys 9.85% stake in Annapurna Finance for Rs 300 crPiramal Alternatives, the investment arm of the Piramal Group, has picked a 9.85% stake in Odisha-headquartered micro lender Annapurna Fina...
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...
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...
Annapurna Finance raises Rs 260 cr in latest funding roundThe MFI lender has a pan India rural distribution network, offering micro-credit loans, home improvement, and MSME loans to individuals and...
Annapurna Finance raises $20 million equity from German DEGThis is Annapurna's second equity infusion in as many years. Annapurna had raised $30 million equity from US-based Nuveen Global Impact Fun...
RBI tells MFIs to improve governance, loan appraisal system; assesses pandemic-led stressThe central bank governor Shaktikanta Das called on these lenders Monday to assess the ground level situation—going beyond the accounting n...
Annapurna Finance mobilises $30 mn in equity from Nuveen Global Impact"Nuveen’s expertise and funding will help us meet our expansion plans and we look forward to working with them to develop our climate initi...
Satya MicroCapital raises Rs 153 crore in equity from Japan's Gojo & CompanyBhubaneswar-headquartered Annapurna Finance and Kolkata-grown Janakalyan Financial Services are also looking for equity expansion, two peop...
Good news: MFIs quadruple bond sales this yearCreditAccess Grameen, Arohan, Asirvad, Samasta, Svatantra and Spandana are among the MFIs that have tapped the market via regulatory window...
Liquidity tap opens for micro lenders and housing finance companiesThe two key refinanciers with specific mandates are granting loans from the Covid-special refinance window opened by the RBI, raising hopes...
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...
ADB buys 14% stake in Annapurna FinanceThe expansion of equity will help the firm expand its loan portfolio in asset classes such as MSME and affordable housing, beyond its bread...
Warburg Pincus in talks to invest up to $100m in Fusion MicrofinanceWarburg will acquire stake in the New Delhi-based mid-sized non-banking financial company (NBFC) from existing investors along with a prima...
Belgium's Incofin plans $80-million India Progress FundBhandari said the India-fund would focus on investing in financial services, food and agricultural sector with 50-70% contribution from int...
Incofin, SIDBI Venture to offload investments in Annapurna FinanceIncofin has about 4.13 per cent stake and the sale of the shares will fetch it about Rs 30 crore.
Annapurna Microfinance raises Rs 61 crore from Bamboo Capital and existing investorsAnnapurna is India's ninth largest MFI in terms of loans outstanding and grew loan books 34% year-on-year to Rs 1235 crore as on March, 201...
Annapurna MFI raises Rs 35 crore from OikocreditBhuvaneshwar based micro finance company Annapurna has raised Rs 35 crore equity infusion from Netherlands based equity financing compamy O...
- Incofin Investment Management invests Rs 13.6 crore in Annapurna Microfinance
Incofin Investment Management has invested Rs 13 crore in Orissa-based Annapurna Microfinance Pvt. Ltd (AMPL), the Belgian investment firm ...
- Kotak Mahindra Bank slaps legal notice on Trident
Kotak Mahindra Bank has slapped a legal notice on Trident Microfin for defaulting on a loan it has availed from the private sector lender.