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MICROFINANCE RIGHTS ISSUE
Time for long-term investors to look at them again? 9 NBFC stocks with upside potential of up to 22%The reason NBFC stocks reacted quickly to the easing of the US-Iran war risk is not difficult to understand. For a lender, macro relief tra...
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
Energy prices, current account deficit, balance of payments big priorities right now: CEAManaging macroeconomic fundamentals like balance of payments and current account deficit is a top priority for the government. The West Asi...
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
Betting on large banks, cautious on housing finance and microfinance; watch guidance in FMCG: Sandip SabharwalEarnings season is here. Sandip Sabharwal sees banks as a strong sector. He prefers large private banks due to asset quality. IT is steady ...
Fusion Finance expects to be profitable in H2Warburg Pincus-backed Fusion Finance anticipates profitability in the second half of the current fiscal year, marking a turnaround after si...
Spandana Sphoorty Financial raises Rs 400 crore through rights issue amid oversubscriptionSpandana Sphoorty Financial announced the allotment of 17.3 million partly paid-up equity shares at ₹230 each to existing investors who par...
Spandana's top ten investors to buy into Rs 400-crore rights issueSpandana Sphoorty Financial's ₹400-crore rights issue, opening August 1, has secured participation from its top 10 institutional investors,...
Spandana Sphoorty to launch Rs 400 crore rights issue at steep discountSpandana Sphoorty Financial will open a ₹400 crore rights issue on August 1 at ₹230 per share—nearly 25% below market price—to address asse...
Spandana Sphoorty to raise Rs 400 crore via rights issue for FY26 plansSpandana Sphoorty Financial will raise up to Rs 400 crore through a rights issue as part of its Rs 750 crore FY26 equity plan. Board meets ...
Spandana Sphoorty Financial plans Rs 750-crore capital raise with Kedaara Capital's equity infusionSpandana Sphoorty Financial is considering a rights issue, potentially with Kedaara Capital's participation, to raise Rs 750 crore and bols...
Fusion Finance's Rs 800-crore rights issue fully subscribedMicrofinance lender Fusion Finance Monday announced that its Rs 800 crore-right issue was fully subscribed with its promoters Honey Rose In...
Warburg, other promoters to infuse capital in Fusion Finance despite its worseing financial healthWarburg held 32.83% in Fusion through its affiliate Honey Rose Investment as of December-end last year. Chicago-based Creation Investments,...
Satin Creditcare's rights issue oversubscribed even as SBI-promoted fund doesn't take partSBI Emerging Asia Financial Sector Fund, which held 6.37 per cent in Satin, did not take the offer, sources close to the matter told ET.
Satin Creditcare Network jumps 5% as board approves Rs 120 crore rights issueThe MFI's capital-to-risk weighted assets ratio stood at 30.49 per cent.
Satin Creditcare to raise Rs 120 crore via rights issueThe stock has risen nearly 93 per cent over last one month, but is still down 56.7 per cent for the year to date.
Muthoot Microfin to raise Rs 1,000 crore via IPOMuthoot Microfin is a wholly-owned subsidiary of Muthoot FinCorp.
- RBI, Andhra Pradesh government in a spat over microfinance bill
RBI has challenged AP's right to regulate microfinance firms registered with it as NBFCs, drawing a sharp retort from the state government.
- IndusInd, Grameen Capital, SKS partner in Rs 100 crore deal
Three leading institutions, IndusInd Bank, Grameen Capital India and SKS Microfinance, today announced the closure of a Rs 100 crore assign...