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About 26 results for "andhra pradesh mfi"

L&T Finance aims to expand MFI portfolio fivefold
Business Standard

L&T Finance aims to expand MFI portfolio fivefold

The company had scaled down this business following the crisis in Andhra Pradesh's microfinance sector in October, 2010 Somasroy Chakraborty September 27, 2014 Last Updated at 21:09 IST L&T Finance, a subsidiary of L&T Finance Holdings, is targeting a ... Business Standard, 1 month ago

Lok Capital looks to raise its third fund

Impact fund Lok Capital, which has raised $87 million through two funds and invested in 15 social enterprises, is looking to raise a third fund. The size has not been finalised, but it's unlikely to be bigger than its second fund, where it raised ...
 Business Standard India1 day ago

SKS Microfinance advances after strong Q2 result

SKS Microfinance rose 1.82% to Rs 318.50 at 09:31 IST on BSE after net profit jumped 247.3% to Rs 56.75 crore on 48.7% growth in total income to Rs 201.02 crore in Q2 September 2014 over Q2 September 2013. The result was announced after ...
 Capital Market1 week ago
Business Standard India

Share & Asmitha submit business revamp plan to bankers

Andhra Pradesh-based microfinance institutions, Share and Asmitha, have chalked out a reorganization plan for their businesses. Both the MFIs, currently under the corporate debt restructuring (CDR) cell, have submitted the plans to their ...
 Business Standard India1 week ago Share & Asmitha submit business reorganiation plan to bankers  Business Standard India2 weeks ago

TPG Capital to buy Janalakshmi Financial Services Ltd minority stake for Rs 610 crore

MUMBAI: American private equity fund TPG Capital will purchase a minority stake in microfinance institution Janalakshmi Financial Services Ltd, promoted by former Citigroup Inc banker Ramesh Ramanathan, for Rs 610 crore, two people with direct ...
 Economic Times2 weeks ago

Ujjivan plans to raise Rs300 crore by Dec, aims to triple loan book in two years

Ujjivan's loan book stood at Rs1,617 crore as of 31 March—a 44% increase from a year earlier. Hyderabad: Ujjivan Financial Services (P) Ltd , India's fourth-largest microlender, plans to raise Rs. 300 crore by the end of December from a clutch ...
 Livemint.com4 weeks ago

Foreign investors chasing bigger gains by investing in microfinance institutions

So what if regulations and restrictions are preventing foreign investors from enlarging their share of the Indian financial pie. Instead of raising their holdings in companies such as HDFC Bank and IDFC, the infrastructure lender which is turning ...
 Economic Times1 month ago

Microfinance's Irresistible Story

The 17th Microcredit Summit is under way in Mérida, the capital of the state of Yucatan,Mexico, and NextBillion Financial Innovation Editor James Militzer is attending. Here's his report on Day 1 of the event. Perhaps no business ...
 NextBillion.net1 month ago

Bandhan leads in Q1 disbursals

Comment · print · T T T+· T- TOPICS Top 10 MFIs account for 77 per cent of total disbursements and the average loan disbursement per account is around Rs.15,000. Bandhan Financial Services emerged as the top non-banking finance ...
 The Hindu1 month ago
Business Standard India

SKS Microfinance back on high-growth path

Company expected to report earnings CAGR of 83% over FY14-16 on strong loan growth Malini Bhupta September 3, 2014 Last Updated at 21:36 IST Microfinance institutions (MFIs) are back in favour. After the recent regulatory tightening, the risk to ...
 Business Standard India1 month ago
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