Tag: Microfinance

Ananya Birla’s Svatantra Microfin to rope in a PE investor soon

Months after closing in on the most significant acquisition in the microfinance space, highly placed sources say Ananya Birla-promoted Svatantra

Spandana Sphoorty Financial is aiming to shift 30 per cent of its portfolio to weekly repayments by the end of

Shalabh Saxena, MD and CEO, Spandana Sphoorty Financial Services, is content with the progress the company made post pandemic. While

The microfinance industry (MFI) in the country added 80 lakh new women clients to its fold during 2022-23, taking the

Owing to regulatory reasons, it’s raining initial public offerings of small finance banks (SFBs). Utkarsh SFB started the trend and

Talks are on between YES Bank and Kedaara Capital for acquiring Spandana Sphoorthy Financial Limited. According to highly placed sources

Non-banking financial companies (NBFCs) maintained their growth momentum in Q1 FY24 led by strong demand for retail, especially unsecured, loans

Dhavara KGFS, based in Chennai Non-bank financing company Focusing on rural lending, it has raised $10 million in debt under

Tata Technologies, an arm of Tata Motors, Gandhar Oil Refinery (India) Limited and non-banking financial firm SBFC Finance, has secured

With the microfinance field recovering from asset quality issues and achieving healthy growth since the middle of FY22, banks are