Two-Andhra Pradesh-based Share and Asmita microfinance, a part of corporate debt restructuring (CDR) cell, are expecting a debt infusion of nearly Rs 630 crore by September 2014. Share, will get a funding of nearly Rs 112 crore by the end of this ... Smart Investor, 1 month ago
Even as the state governments of Telangana and Andhra Pradesh are struggling to convince the Reserve Bank of India about a possible loan waiver for farmers, troubled microfinance companies are now pining hopes that a part of their portfolio would ...Financial Chronicle, 3 weeks ago
Much before a wave of suicides in Andhra Pradesh, attributed to widespread over-indebtedness, and a clampdown that followed tarnished the image of microfinance in India, the capital markets loved these institutions. The Rs 1,654 crore initial public offering ...The Financial Chronicle, 2 months ago
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