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INDITRADE MICROFINANCE
Capital crunch, poor asset quality topple small microfinance institutionsSeveral Indian microfinance companies are defaulting on bank loans due to asset quality stress and funding crunches, threatening the surviv...
Inditrade Microfin-Janakalyan merger fails to get regulatory approval"Board of Inditrade Microfinance at its meeting held today reviewed the current status and decided to call off the merger on account of ino...
Inditrade Microfin-Janakalyan merger to be effective from July 1, 2022; Janakalyan MD to head the merged entity"The company has received an intimation from Inditrade Microfinance Limited (IMFL), a debt listed company and a material subsidiary of the ...
Inditrade Microfin may merge with Janakalyan FinanceInditrade Microfinance has a loan book of around ₹350 crore, with about three-fourths of it coming from Karnataka, Kerala and Tamil Nadu. J...
Steel, iron ore producers to do well for next one year: Sudip Bandyopadhyay“HFCs won’t be affected. We are worried about two-wheeler loans, four- wheeler loans and other consumer durable loans.”
Oikocredit, Insitor back Aashiyaan to get housing finance licenseAashiyaan, which has sought National Housing Bank's permission to do business in affordable housing segment, has also received funding from...
Inditrade looks to up its lendingThe rest of the business is expected from two new sectors the group will be venturing into this year.
Inditrade Capital to sell equity broking unit to Choice International for Rs 32 crorePeople in the know said that Inditrade is exiting equity broking, which was its bread and butter initially, as the company now plans to foc...
Inditrade Group looks to grow inorganicallyThe group plans to grow aggressively to raise stakes among the micro and small borrowers. The capital will be raised in a combination of eq...
Inditrade plans to foray into housing finance segmentWe have applied for licence. The applications (are filed) with the regulator National Housing Bank and we are awaiting approval, Inditrade ...
Inditrade expanding agri-finance, micro finance operations
Inditrade Microfinance to expand loan book to Rs 500 crore by December endA large part of this growth is expected from Kerala where it already provides finance for non-essential exchange traded commodities.
GST benefits have started accruing to organised players: Sudip Bandyopadhyay, Inditrade Capital“Things may stabilise with GST in February, March or maybe next fiscal.”
Inditrade Capital to buy 80% stake in Varam Capital for Rs 40 croreThe deal will include direct purchase of stake as well as fresh infusion of capital, the person familiar with the matter said.
Inditrade Capital to scale up commodity financing and micro finance operationsInditrade Capital is aiming at a rapid increase in its loan portfolio in the next few years.
Two new MFIs off the block, raising hopes for the sector amid repayment troubleThere were 11 small MFIs with a GLP of less than Rs 100 crore, 19 entities with a GLP of Rs 100-500 crore, and 21 large players with Rs 500...
Inditrade Capital begins microfinance businessSolapur is known for handloom and powerloom weaving industry providing employment to a large number of workers.There are around 6000 powerl...
Fifteen stocks in focus on Friday, 18 November 2016SGX Nifty was trading 24 points down at 8,070, indicating a weak start for NSE Nifty.
Inditrade Capital to launch alternative investment fund in tie-up with Canada's Epcylon TechnologiesBandyopadhyay confirmed to ET that a memorandum of understanding has been signed between Epcylon Technologies and Inditrade Capital on Febr...
Inditrade Capital to raise Rs 500 crore for agri-financingInditrade Capital, formally known as JRG Securities is entering into agri-financing for which the company may raise upto Rs 500 crore.