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Tag Archives: microfinance news

Q3 Figures Turn Microfinance Industry Red But Optimistic

With a drop of 26% in loans and a 16% decline in loan amount disbursed, the third quarter ending December 2016 would be the worst in performance for the microfinance ...

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Kerala’s ESAF Microfinance to Launch Small Finance Bank on 11th March

Kerala-based ESAF Microfinance and Investments will open five of its pilot small finance bank (SFB) branches on 11th March in Kerala and provide banking services to customers from 18 March. ...

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After IPOs, Acquisitions Dominate Microfinance Sector

Amid rumours of IndusInd Bank acquiring Bharat Financial or former SKS Microfinance, which was the first to go IPO route to successfully raise funds, markets are set to turn their ...

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Microfinance Industry Upset with NO Waiver of Service Charges in Budget

budget

The Budget 2017 has received a mixed reaction from the microfinance industry that was worst-hit due to demonetisation. Though the budget was mainly rural-centric with several schemes and infrastructure for ...

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Creation Invests Rs.130 Cr in Muthoot Microfinance

Chicago-based PE Fund Creation Investments has invested Rs.130 crore in Muthoot Microfinance, making it a significant deal in the BFSI & microfinance space after the Indian Government’s demonetization-digital-cashless economy initiatives. ...

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Nilekani Ventures into Microfinance Again, Ropes in Tata, Kelkar

Nandan Nilekani has again set his eyes on a microfinance venture after an experiment that failed a decade ago in Bangalore by his family members. This time he was able ...

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Why Microfinance Sector is Galloping in Numbers and Reach?

The news story in Mint  suggested alarm bells over the rapid growth of microfinance industry in the last three years, not taking into consideration the vital impact of technology on ...

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Ujjivan Leads MFI Stocks, Equitas Equally Impressive

Backed by RBI license to start a Small Finance Bank (SFB), Bangalore-based Ujjivan adn Chennai-based Equitas have hit the IPO route this year to make a winning streak in collecting ...

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