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About 35 results for "nbfc mfi"

Manappuram Finance signs non-binding agreement to acquire majo...

Asirvad Microfinance is a Chennai based NBFC-MFI Manappuram Finance announced that the Company has signed a Non- Binding Term Sheet to acquire majority equity shareholding of Asirvad Microfinance (AMPL) through a combination of secondary purchase of equity ... Business Standard, 1 month ago

Utkarsh MFI Secures Funding From Lok Capital, CDC Group

Impact investment fund Lok Capital along with CDC Group plc, have made an investment of $21 Mn in Varanasi based micro finance company Utkarsh. This round also witnessed participation from its existing investors Aavishkaar Goodwell, Microfinance ...
 Deal Curry11 hours ago CDC and Lok Capital infuses $21 million Series D funding in Utkarsh Micro Finance  Yourstory.in8 hours ago CDC & Lok Capital lead $21 mn Series D investment in Utkarsh Micro Finance  Business Standard India10 hours ago

NBFC-MFIs are not what the future is: Vikram Akula

Mumbai: My kurtas that were shelved for three years will now be out, says Vikram Akula , the ousted founder chairman of SKS Microfinance Ltd , while sitting in a five-star hotel in Mumbai, wearing a crisp black business suit. Fresh out of a forced ...
 Livemint.com1 week ago

Nabard may convert NBFC arm into a small bank

The National Bank for Agriculture and Rural Development (Nabard) will consider converting its subsidiary Nabard Financial Services into a small finance bank if the soon-to-be unveiled Reserve Bank of India guidelines for differentiated banks allow ...
 Hindu Business Line1 month ago

Manappuram Finance net up 9.6% at Rs 76.43 cr

Non-banking finance corporation (NBFC) Manappuram Finance has declared a 9.6 % increase in net profit on a year-on-year basis for the second quarter of this fiscal. Net profit for this fiscal stood at R76.43 crores, compared to R69.71 crore in ...
 Financial Express1 month ago Manappuram Finance Ltd. Q2 net profit up by 73.8%  APN News1 month ago Manappuram Finance net up 73 per cent at ₹76.43 cr in Q2  Hindu Business Line1 month ago

Manappuram to acquire 85% stake in Asirvad MFI

Manappuram Finance is in the process of acquiring 85 per cent stake in Chennai-based Asirvad Microfinance. The non-banking finance company has signed a non-binding term-sheet with Asirvad. After three years, Asirvad will become wholly owned subsidiary of ...
 The Financial Chronicle1 month ago Manappuram Finance To Acquire Lok Capital Backed Asirvad Microfinance  Deal Curry1 month ago MANAPPURAM FINANCE : To Acquire Lok Capital Backed Asirvad Microfinance  4 Traders1 month ago

SKS Microfinance advances after fund raising

SKS Microfinance surged 4.81% to Rs 378.35 at 11:33 IST on BSE after the company issued Commercial Papers of an aggregate amount of Rs 70 crore on 16 December 2014, which have been rated A1+ by a leading rating agency. The announcement was ...
 Capital Market4 days ago


New Delhi: Showing yet again his willingness to diverge from the government's views if required, Reserve Bank of India (RBI) governor Raghuram Rajan on Monday sought to re-define the much-touted Make in India campaign, saying the world might not ...
 IPA Newspack.com1 week ago

Initiate buy on SKS Microfin as growth potential high

Summary Initiate buy coverage on SKS Microfinance with price target of R500 per share… Initiate buy coverage on SKS Microfinance with price target of R500 per share. Due to the strong growth potential and high ROE, SKS Microfinance is one ...
 Financial Express1 week ago SKS Micro up 10%; top 19 stocks that can return upto 41%  Economic Times1 week ago

SKS Microfinance surges 9%, UBS initiates with buy rating

Shares of SKS Microfinance jumped as much as 8.8 percent intraday to hit fresh 52-week high of Rs 379.50 on Wednesday. Brokerage UBS initiated coverage on the stock with buy rating and set target price of Rs 500, citing strong growth potential and ...
 Moneycontrol.com1 week ago SKS Micro surges 9%, UBS initiates coverage with buy call  Moneycontrol.com1 week ago
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