In 2001, when Kolkata-based microfinance institution Bandhan advertised for ground-level credit officers for its new branch, it received 12 applications. Of the 12 applicants, six turned up for the interview. Four of the six were offered a job, but ... Business Standard India, 1 week ago
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Government begins its process for putting into effect the law for MFI's In order to enact a law that will regulate Micro Finance Institutions (MFI's) for ensuring interests of customers, the Government has started consultation with all of its ...Bar & Bench, 1 month ago
(Repeat for additional subscribers) July 25 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings has assigned Rolta Americas LLC's USD300m 8.875% senior unsecured notes due 2019 a final rating of 'BB-'. The ...MSN Money, 1 month ago Fitch Rates Rolta India's USD300m Notes Final 'BB-' Yahoo! Finance, 1 month ago
Guwahati headquartered microfinance institution, RGVN (North East) Microfinance Ltd. (RGVNMFL), announced that it had raised INR 41.8 crore. Norwegian Microfinance Initiative (NMI) Fund III KS, Norway and Oikocredit joined the existing investors Dia ...Yourstory.in, 1 month ago North East-focused microlender RGVN raises $7M from NMI, Oikocredit... US-based Qliktag acquires digital media agency Buzzfactory French cement maker Vicat to buy out Sagar Cements in Indian JV for $... VC Circle, 1 month ago
Indian micro-finance company Spandana Sphoorty, involved in handing out petty loans to women, is in talks with investors who would buy out the company's preferential shares, held by banks after a restructuring over two years ago. The hope of finding ...Financial Chronicle, 1 month ago
Today India is world's third largest economy (measured in terms of purchase power) after US and China. Looking at the demographic and urban-poor ratio in the country, half a billion Indians are still ...Businessworld India, 1 month ago
CRISIL Ratings' report on Indian microfinance sector Sector's loan portfolio to reach Rs 450 billion by March 2016; raising equity capital will be critical The loan portfolio of India's microfinance sector is set to grow at a compounded annual ...Moneycontrol.com, 2 months ago Microfinance sector to rebound: CRISIL Money Life, 2 months ago
Pune based MFI @Suryoday Private Limited has raised INR 270 Mn in a fresh round of funding from @IFC and existing backers impact investment firms @Lok_Capital and @Aavishkaar_Goodwell Limited. The funding which involved INR 150 Mn from IFC and ...Deal Curry, 2 months ago
This report profiles India's telecommunication industry, discussing market trends through 2013 and outlook for 2014 and beyond. The report also highlights leading players in the sector including Bharti Airtel Ltd, Idea Cellular Ltd and Reliance ...Research and Markets, 3 weeks ago
In a recent landmark ruling , the Reserve Bank of India (RBI) has allowed non-banking financial companies (NBFCs) to become business correspondents (BCs) for banks in India. What this means is that NBFCs can now act as agents of banks to provide ...NextBillion.net, 1 month ago
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