Satin Creditcare Network raises $20 million from BlueOrchard
Microfinance company Satin Creditcare Network on Wednesday raised $20 million from Zurich-based BlueOrchard Microfinance Fund in dollar-denominated bonds.The Swiss impact ...
Tag: microfinance
Microfinance sector under stress as portfolio at risk doubles despite lending caps
Asset quality concerns in the microfinance sector continue even as they have voluntarily capped borrowers' access to a maximum of ...
Spandana Sphoorty posts Rs 360 crore Q1 loss on bad loan impact
Microfinance company Spandana Sphoorty Financial suffered a consolidated net loss of Rs 360 crore in the first quarter of the ...
Microfinance lenders attract fresh equity investment with turnaround hopes
Investors across the spectrum have renewed their interest in India's microfinance space, displaying confidence in the sector's turnaround ability from ...
Utkarsh SFB to raise Rs 750 crore amid rising bad loans, microfinance stress
Kolkata: Utkarsh Small Finance Bank is planning to raise Rs 750 crore by selling equity shares.The board of the bank ...
Sidbi to revamp India Microfinance Equity Fund
The Small Industries Development Bank of India (Sidbi) is working on revamping the India Microfinance Equity Fund (IMEF), which failed ...
Two promoter entities sell 10.2% stake in Fusion MicroFinance for Rs 572 crore
MUMBAI - Two promoter entities have offloaded 10.2% stake in Fusion MicroFinance through the open market on Thursday. Global private ...
New legislation for regulation of microfinance institutions in Sri Lanka – Justice Minister
Minister of Justice, Prison Affairs and Constitutional Reform, Wijayadasa Rajapakse, unveiled plans to introduce a new legislative framework aimed at ...
