Should you invest in Spandana Sphoorty IPO? Don’t subscribe just for listing gainsThe issue comprises fresh share sale for Rs 400 crore and an OFS for about Rs 800 crore.
04 Aug, 2019, 10.41 AM IST
Microfinance industry clocks over 50% growth in Q2Of the total, Non-Banking Finance Company-Microfinance Institutions accounted for significant chunk.
03 Dec, 2018, 08.11 PM IST
Microfinance companies plan to create common pool of assets for securitisationSecuritisation is a process of pooling loan receivables and selling their related cash flows to third party investors as securities.
03 Nov, 2018, 04.29 PM IST
MFIs plan to create common pool of assets for securtisationThe common pool, essentially by smaller MFIs, is aimed at creating economies of scale and making it easier for banks to buy it.
02 Nov, 2018, 10.18 PM IST
Kedaara in talks to buy up to 30% in Madura MicroAvendus Capital has been mandated to run a formal process, sources said. The funds would be used for expanding the loan book and widening r...
06 May, 2016, 03.02 AM IST
MFIs on fund-raising spree as demand picks up, NCDs in June quarter raise Rs 800 croreIn the past one year, many micro finance institutions (MFIs) have seen rating upgrades by one or two notches to investment grades starting ...
23 Jul, 2015, 01.08 AM IST
IIP not at vibrant pace but economy in Bharat seems to be picking upFund raising by lower rated micro finance cos have trebled in the June quarter to around Rs 800 cr as demand for funds in rural India has i...
21 Jul, 2015, 07.10 PM IST
MFIN loan disbursals rose 52 per cent in third quarterLoan disbursals by MFNs rose 52% in the third quarter of this last fiscal, taking the total outstanding to Rs 18,425 crore, driven by robus...
21 Mar, 2014, 06.15 PM IST
MFIs entering new phase of stability and higher profits : CareCare Ratings today said micro finance sector is entering a phase of stable regulatory environment, higher availability of credit and increa...
07 Mar, 2014, 09.35 PM IST
Icra upgrades ratings of three microfinance institutionsRating agency Icra has upgraded ratings of three microfinance institutions, Grameen Financial Services, Ujjivan Financial Services and Utka...
01 Jul, 2013, 04.31 PM IST
SKS Microfinance locks in 5% upper circuit as FIIs hike stakeSKS Microfinance shares gained momentum in early trade and were locked in 5% upper circuit on reports that FIIs have hiked their stake.
20 Nov, 2012, 12.40 PM IST
Private equtiy funds woo micro-finance firms to create long-term valuePrivate equity funds are chasing micro-finance firms as they now seek long-term value from MFIs' extensive reach instead of short-term gain...
05 Oct, 2012, 06.20 AM IST
- Andhra Pradesh remains the troubled child for microfinance sector
MicroMeter presented by the association of microfinance non-banking finance companies MFIN shows that the write-offs by MFIs outside AP has...
15 Jun, 2012, 05.33 PM IST
- Private equity open taps for microfin again
Equity deals worth $62 mn took place in the last 3-4 mths as investors are lured by the growth prospect of the MFI business
29 Sep, 2011, 07.26 AM IST
- Microfinance institutions use women cluster loans to raise capital
Lenders strike over a dozen securitisation deals linked to women borrowers in two months
03 May, 2011, 05.55 AM IST
- MFI purpose defeated by profit motive: Andhra to RBI
The Andhra Pradesh govt asked RBI to ban microfinance institutions from raising funds from the capital market, saying their drive to make p...
18 Dec, 2010, 04.57 AM IST
- MFIs increasingly raising money through securitisation
Microfinance companies are increasingly adopting the securitisation model to raise capital. Over a dozen organised lenders have raised mone...
30 Aug, 2010, 01.42 AM IST