Equitas Holdings, a Chennai-based microfinance and micro-housing finance company, has raised $ 26 million (Rs 140 crore) equity capital. It raised Rs 90 Crore from World Bank arm IFC and another Rs 50 ...

International Finance Corporation (IFC), the private investment arm of the World Bank, has proposed to make a debt investment of up to $50 million (around Rs 423 crore) in listed microfinance firm ...

Triggered by concerns over lack of access to funds and the need for a uniformity in the regulatory structure for the Indian microfinance sector, the expectation is that finance minister Pranab ...

Mumbai: Entrepreneur Ananya Birla’s Svatantra Microfin has said it will acquire Chaitanya India Fin Credit from Sachin Bansal’s Navi group for Rs 1,479 crore. The deal is expected to be completed by ...

Ratan Tata, chairman emeritus of the Tata group, Infosys co-founder Nandan Nilekani and former finance secretary Vijay Kelkar are coming together to establish a technology-enabled microfinance entity ...

On January 29, the board of SKS Microfinance, the country's only listed microfinance entity, approved the company's proposal to apply for a licence to set up a small finance bank, a new category of ...

We missed this earlier: The Reserve Bank of India (RBI) on June 14 issued a consultative document prescribing new regulatory frameworks for various lenders in the microfinance space. Why this matters?

According to the 'Micro Matters: Macro View - India Microfinance Review FY 2021-22' report by Microfinance Institutions Network (MFIN), NBFC-MFIs (microfinance institutions) were the only regulated ...

Ratan Tata, chairman Emeritus, Tata Sons during launch of the Mumbai Dialogue: Towards a TB Free India organised by The International Union Against Tuberculosis and Lung Diseases (The Union) in Mumbai ...

Calcutta, Jan. 4: The microfinance industry expects a 40 per cent growth in the gross loan portfolio in 2014-15, driven largely by rising credit flow from commercial banks to the sector for on-lending ...