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...
16 Jun, 2022, 09.10 AM IST
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...
28 Dec, 2021, 03.44 PM IST
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...
25 Nov, 2021, 04.35 PM IST
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...
04 May, 2021, 07.33 PM IST
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...
30 Mar, 2021, 02.46 PM IST
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...
03 Feb, 2021, 09.38 PM IST
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...
27 Jul, 2020, 10.45 PM IST
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...
05 Jun, 2020, 09.45 AM IST
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...
17 Sep, 2019, 08.50 PM IST
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...
03 Feb, 2019, 09.31 PM IST
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...
02 Aug, 2018, 12.16 PM IST
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...
18 Jun, 2018, 10.02 PM IST
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.
13 Jun, 2018, 08.39 PM IST
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...
19 Jul, 2017, 05.42 PM IST
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...
23 Jun, 2016, 04.06 PM IST
- 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 ...
29 Jun, 2012, 07.10 PM IST
- 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.
19 Oct, 2011, 11.14 PM IST