Search For "mfi"
SATYA Micro capital reaches 6 lac active loan clients within 5 years of se
Updated : 4 years, 6 months ago IST
New Delhi [India], October 29 (ANI/NewsVoir): SATYA MicroCapital Ltd. reached 6 lac active loan clients on its 5th year anniversary. With AUM of approx. 1700 Cr and having disbursed 10 Lac loans to its borrowers, the MFI has recorded remarkable growth since Day 1 of its inception. SATYA has
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SATYA MicroCapital appoints Former Executive Director of RBI, Deepali Pant
Updated : 4 years, 7 months ago IST
New Delhi [India], October 7 (ANI/NewsVoir): SATYA MicroCapital Ltd., one of the rapidly expanding growing NBFC-MFIs in the country announced the appointment of Deepali Pant Rajeev Joshi, as a new Independent Director on the Company's Board with effect from September 24, 2021.
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SATYA MicroCapital secures fresh funding worth Rs.300mn from GMO-Z.Com pay
Updated : 4 years, 8 months ago IST
New Delhi, [India], September 9 (ANI/NewsVoir): GMO-Z.Com Payment Gateway India Credit Fund has backed SATYA MicroCapital Ltd. through Non-Convertible Debentures (NCDs) worth Rs. 300mn. This is for the first time; SATYA has raised debt funding from Japan based investor. The funds will be uti
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New harmonisation proposals to create level playing field for NBFCs-MFIs:
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 17 (ANI): Harmonisation guidelines proposed by the Reserve Bank of India (RBI) for non-banking finance companies and microfinance institutions (NBFCs-MFIs) are need of the hour to address diverse interpretations of regulations by multiple forms of entities,
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NBFC-MFI sector may see more restructuring of portfolio: Crisil
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 12 (ANI): A hit to collection efficiency of non-banking finance companies and microfinance institutions (NBFCs-MFIs) owing to protracted Covid-19 curbs will increase asset-quality pressures in the sector, according to Crisil Ratings.
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IndiQube partners with Care.fit, MediBuddy, MFine and PinkBlue.in
Updated : 4 years, 12 months ago IST
Bengaluru (Karnataka) [India], May 27 (ANI/NewsVoir): IndiQube, a flexible workspace provider headquartered in Bengaluru, announced its partnership with Care.fit, MediBuddy, MFine, and PinkBlue.in, today.
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Sequential challenging year stares at microfinance sector: Ind-Ra
Updated : 4 years, 12 months ago IST
Mumbai (Maharashtra) [India], May 24 (ANI): India Ratings and Research (Ind-Ra) said on Monday that collections for microfinance institutions (MFIs) and small finance banks (SFBs) are estimated to have declined 3 to 5 per cent in April and additional 5 to 7 per cent in first fortnight of May
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RBI Governor meets MDs, CEOs of NBFC-Micro Finance institutions
Updated : 5 years ago IST
New Delhi [India], May 3 (ANI): The Reserve bank of India Governor, Shaktikanta Das on Monday met managing directors (MD) and Chief Executive officers (CEOs) of Non-Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) via video conferencing.
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ADB, Habitat for Humanity to support housing microloans for India's vulner
Updated : 5 years, 1 month ago IST
Manila [The Philippines], April 19 ((ANI): The Asian Development Bank (ADB) has teamed with Habitat for Humanity International to help microfinance institutions (MFIs) deliver housing loans to low-income families in rural and peri-urban areas of India, Bangladesh, Indonesia, and the Philippi
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Loans of Rs 14.96 lakh crore sanctioned since launch of PM Mudra scheme
Updated : 5 years, 1 month ago IST
New Delhi [India], April 7 (ANI): More than 28.68 crore loans for an amount of Rs 14.96 lakh crore have been sanctioned by banks, Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) since the launch of Pradhan Mantri Mudra Yojana (PMMY), according to the Centre.
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SCNL reaffirms sustainability commitment to reduce carbon emissions
Updated : 5 years, 2 months ago IST
New Delhi [India], March 15 (ANI): Satin Creditcare Network Ltd (SCNL) has reaffirmed its commitment as an environmentally conscious and responsible organisation towards the reduction of carbon emission.
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MFI Spandana Sphoorty to buy Criss Financial for Rs 50 cr
Updated : 5 years, 2 months ago IST
Hyderabad (Telangana) [India], March 11 (ANI): Micro-finance institution Spandana Sphoorty Financial Ltd on Thursday approved an investment of Rs 50 crore in equity share capital of its subsidiary Criss Financial Holdings Ltd (CFHL) in one or more tranches.
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