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SWADHAAR
IIM Kashipur wraps up final placements with average salary of Rs 12.24 lakhA total of 72 companies participated in the process offering 215 positions to 196 students.- India's shadow banking sector likely to face shake-up after defaultRegulators could shortly cancel the licences of as many as 1,500 smaller non-banking finance companies.
- RBL looks to hire a CEO for wholly owned Swadhaar FinServeWith the 100% acquisition, RBL Bank now plans to use Swadhaar’s network to take all its retail loan offerings and loans against property to...
- RBL Bank raises its stake in Swadhaar FinServe to 100%Swadhaar is a business correspondence that works exclusively for RBL Bank.
- RBL Bank ups Swadhaar Finserve stake to 60%, holds rights to take it to 100%Swadhaar is now a subsidiary of the bank and increasing the stake is in line with its vision.
- Marquee investors exit from Indian microfinance companiesAccording to IFMR Capital, the NBFCMFIs have raised equities worth Rs 2,300 crore in the past few months.
- RBI to soon launch financial literacy drive in 9 statesSix NGOs registered with the Depositor Education and Awareness Fund have been selected to execute the pilot project in collaboration with b...
- Michael and Susan Dell Foundation plans an incubatorThe incubator will look at earlystage companies that offer financial inclusion, digital empowerment, job creation and services in other suc...
- NBFC Aye Finance raises Rs 20 crore in new round of fundingAye has raised Rs 20 crore from existing backers, venture and growth capital investor SAIF Partners and financial inclusion-focused firm Ac...
- Results of Connected Women partnership with Airtel, Vodafone, Uninor encouraging: GSMAAccording to GSMA, the initial results suggested that greater access to mobile helps rural womenfolk progress.
- Frontier Investments to set up fund for emerging economiesFrontier Investments is in the final stages of setting up its first fund focused on emerging economies, with India as a priority market.
- Frontier Investments to set up fund for emerging economiesFrontier Investments Group is in the final stages of setting up its first fund focussed on emerging economies, with India as a priority mar...
- Accion International launches $10 million investment vehicle, Venture LabAccion International has launched its $10 million investment vehicle, Venture Lab, which is focused on providing seed capital to organisati...
- SKS Microfinance mops up Rs 366 crSKS Microfinance on Monday announced that it has raised $75 million (Rs 366 crore) from a host of investors including Sandstone Capital, SK...
- SKS Micro-finance raises Rs 366 croreSources close to the development said the list of investors include Kismat Capital, SBD India Capital, and Standstone Partners.
- Banks’ no-frills move is a win-win for allWhat began out of compulsion a year ago is now slowly turning out to be a viable business proposition for most banks.
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