Svatantra Microfin acquires Chaitanya India Fin; becomes 2nd largest NBFC-MFISvatantra Microfin has successfully merged with Chaitanya India Fin Credit and Svatantra Holding, solidifying its position as India's secon...
25 Mar, 2026, 01.25 PM IST
Svatantra Microfin completes amalgamation with Chaitanya India Fin CreditAnanya Birla's Svatantra Microfin has successfully merged with Chaitanya India Fin Credit, following its acquisition from Navi Group. This ...
23 Mar, 2026, 01.30 PM IST
Competition Commission clears merger of two entities into Svatantra MicrofinThe Competition Commission of India approved the merger of Chaitanya India Fin Credit and Svatantra Holdings with Svatantra Microfin. This ...
18 Feb, 2025, 10.06 PM IST
Advent International & Multiples to invest Rs 1,930 cr in Ananya Birla’s Svatantra MicrofinSvatantra Microfin, led by Ananya Birla, raised Rs 1,930 crore from Advent International and Multiples Private Equity. It has a business se...
04 Mar, 2024, 09.44 PM IST
Collection efficiency ratio of MFIs at comfortable level: OfficialThe collection efficiency ratio of the sector is "much better" than other financial instruments, Chief Executive Officer of the Microfinanc...
20 Jan, 2022, 08.45 PM IST
Mostly Welcome Microfinance NormsThe RBI paper now seeks to streamline and update microfinance regulation across all regulated entities, which makes perfect sense. The rate...
23 Jun, 2021, 11.55 PM IST
Now, micro loan waiver talks in Assam worry MFIsCompetitive populism by offering financial benefits to the northeastern state's 27 lakh microfinance borrowers has turned out to be major p...
13 Jan, 2021, 07.10 AM IST
Ujjivan’s microfinance AUM continues to grow, there’s no slowdown in demand: Nitin ChughThe core business of microfinance is reasonably insular to all kinds of cycles.
05 Dec, 2019, 04.26 PM IST
FIIs pick 5% stake in SKS Micro in Q2 on unmaterialised licence hopesSKS Microfinance, it said, “will maintain its growth trajectory in the near term and estimate a healthy AUM growth of nearly 40 per cent ov...
12 Oct, 2015, 11.18 AM IST
SKS Microfinance’s Rs 400 crore QIP issue oversubscribedThe main investors in the placement included CLSA Mauritius, IDFC Mutual Fund, Birla MF, ICICI Prudential MF, Fidelity group and Amansa Cap...
23 May, 2014, 12.42 PM IST
Government's heavy-handed regulation of microfinance will kill it and bring back moneylendersSince MFIs aren't banks and can't accept deposits, lending rates will be higher, compounded by administrative costs of delivery.
06 Apr, 2012, 04.09 AM IST
- Microfinance struggles to restore its reputation
As the industry indulges in a bout of soul searching over what has gone wrong, some say microfinance is suffering, in part, from its own su...
07 Mar, 2011, 08.50 PM IST
- Two MFIs slash rates, others may follow suit
Two microfinance institutions (MFIs) in different parts of the country have slashed lending rates, putting pressure on the rest of the sect...
17 Jun, 2010, 02.22 AM IST
- MFIs can't bring about financial inclusion: Chakrabarty
Microfinance institutions will not be able to bring about financial inclusion, as their cost of lending is high, a top RBI official said on...
03 Jun, 2010, 11.10 PM IST
- Rising borrowing costs leave microfin cos in a spot
For microfinance institutions (MFIs), bad news is coming in threes. First, the Reserve Bank of India (RBI) hiked capital requirement. This ...
01 Aug, 2008, 03.55 AM IST
- Microcredit summit in Bali debates profit
Nobel Peace Prize winner Muhammad Yunus discusses about profit.
28 Jul, 2008, 03.06 PM IST
- Baniya, Babu & Borrowing: Household debt is concerning
India Human Development Survey suggests that rural households are far more likely to borrow from moneylenders than urban households— 38% ve...
03 Oct, 2007, 12.19 PM IST